Tuesday, January 8, 2008

Hillary Takes the Pledge?

Sen. Clinton spoke out about the stranglehold that the oil companies have us locked in. It's reasonable to conclude that if they collude on prices that they also collude on whether or not to avoid paying their fair royalties on petroleum taken off public lands.

Here is a transcript of Senator Clinton's comments on the video:

I’ll tell you what. In my inaugural speech, I’m going to serve notice on the oil companies and on the oil producing countries: that we are not going to be taken advantage of any longer, that we are going to once again be in charge of our future.

And I can tell you what’ll happen.

You know, the oil producing countries and the oil companies will have a conversation. They have a cartel in case you haven’t noticed.

And they’ll drop the price of oil because they figure they’ve done it before, they’ll do it again. They’ll take the political heat off. Everybody will say “Oh, great, did you see how much the gas price has fallen? Oh, we don’t have to worry about this anymore.”

It’s like the old story about how to boil a frog. You drop a frog in boiling water, it jumps right out. You drop it in cold water, you turn the heat up – you’ve got a boiled frog before too long. We have been the boiled frog in this story, for decades.

Well, not on my watch. We are going to get out of that pan and we’re going to be back in charge. And we’re going to show the world what we can do when we put our minds to it.

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