News Columns & Blogs

Oil: It's about laziness (journalistic) and greed

In case you’re loaded or you’ve been busy over the holidays, or you’ve been busy getting loaded over the holidays, gas prices are about to top the $3 mark again.

And like clockwork, here come the pundits – Latin for “oil industry execs who desperately want you to spend all your money on fossil fuels so their speculator friends can get rich at your expense” – trotting out the same old lame and patently false excuses for the runup – Supply, demand, yada, yada, yada. As a journalist, it makes me crazy to see TV stations trotting these self-indulgent hacks out as experts.

Here’s a nice Bloomberg piece to remind the easy to fool among us that the pundits have one thing in mind – your money. It’s a sham, people.