Monday, May 08, 2006

Media Ignores Real Oil Story

From Common Dreams:
Oil is pretty slippery stuff. The press is playing up $3 a gallon gasoline, record oil company profits, and the $400 million retirement package for Exxon’s former CEO. But these stories are trivial compared to the oil story they have ignored all along. The war in Iraq. It’s an oil war. And you don’t have to take my word for it. Read former Republican strategist Kevin Phillips new book, “American Theocracy: the Peril and Politics of Radical Religion, Oil, and Borrowed Money in the 21st Century.” The corporate media may have failed us but authors like Phillips are providing the needed analysis.