Robert Reich: Nothing drives voter sentiment like the price of gas – now averaging $3.56 a gallon, up 30 cents from the start of the year. It’s already hit $4 in some places. The last time gas topped $4 was 2008.
Georgianne Nienaber: Critical thinkers will ask the question. Why is BP sampling oil on August 30 while they maintain that there is no oil coming from MC252 (Macondo) in an August 26 press release? For those who have forgotten, there is an excellent time line of the disaster here.
Lee Fang: As the Republican presidential candidates tour Iowa hoping to lock up the 2012 nomination, they will hear an assortment of questions on energy policy. Some of them will be planted by the oil and natural gas lobby to steer the candidates toward pro-Big Oil policies.
Lee Fang: Koch along with Enron pioneered a number of complex financial products to leverage its privileged position in the energy industry.
Tina Dupuy: The truth is we don’t have a “free market.” Never have and probably never will. So when politicians like representatives Paul Ryan and Michele Bachmann talk about how this savior-in-theory can deliver us – it can’t.
Marian Wang: Many questions remain unanswered about the long-term health and environmental effects of the crude oil and the unprecedented amount of dispersant, chemicals BP used to break down the thick crude. Both BP and the government have committed funding for continued study of these issues.
Robert Reich: Next Tuesday Americans will be deciding whether to hand over even more of our government to corporations that have been plundering America – such as Goldman Sachs, JP Morgan Chase, Citibank, Wellpoint insurance, Massey Energy, and Halliburton, the giant oil services company.
Adam Eran: The acute problem of the Gulf oil spill makes the cost of corruption-afflicted government front page news. Lax Federal offshore drilling oversight under Bush 43 has cost us dearly. However, our society’s vulnerability to any trouble with this critical resource should also remind us of the chronic problem: peak oil.