Gas Pains? Blame Congress

Investors Business Daily explains how congressional ignorance is to blame for sky high petroleum prices. They've put 19 Billion barrels of oil off limits. Because they arel limiting supply the price goes up. Read all about it here.

Excerpts:
To listen to Congress, you'd think oil companies don't pay taxes. Nothing could be further from the truth. In 2006 alone, according to the American Petroleum Institute, U.S. oil companies paid some $138 billion in taxes to the IRS

A report released Thursday by the Department of the Interior notes that most of the oil and 40% of the natural gas under public lands in the U.S. is off-limits to drilling. That's about 19 billion barrels of oil and trillions of cubic feet of natural gas.