Houston’s Clear Thinkers Has a Question for Bill O’Reilly

Houston’s Clear Thinkers is waiting for a word of explanation from the Fox New Channel’s Bill O’Reilly about why oil company CEOs are “allowing” a drop in oil prices.

O’Reilly, of course, told the world that the post-Katrina gas price increase was not a reflection of market forces, but was “manipulated” by oil company CEOs.

One assumes that if O’Reilly was right, the CEOs would be keeping the prices high in order to maximize their companies’ profits.

Indeed, if the CEOs have the power O’Reilly claims they have, they might very well owe it to their stockholders to keep the prices high.

The National Center for Public Policy Research is a communications and research foundation supportive of a strong national defense and dedicated to providing free market solutions to today’s public policy problems. We believe that the principles of a free market, individual liberty and personal responsibility provide the greatest hope for meeting the challenges facing America in the 21st century.