TemplarKormac
Political Atheist
- Mar 30, 2013
- 50,199
- 13,585
Didn't the oil industry bring the US to it's knees with the fake gasoline shortage in the late 70's?
Actually, it was the collapse of the Keynesian economic system that brought the US to it's knees. Namely stagflation. Carter was responsible for that.
Profiteering is the correct term. My Uncle was a suit at Standard oil dba Chevron at the time. Stocks of gasoline were falsified by hiding stock in pipelines.
Actually not. There is no evidence to prove what you're saying is true.