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Nader/Gonzalez Campaign to Protest Oil Industry Price Gouging

Friday, May 16, 2008 at 09:20:00 AM

Press Release


Contact: Chris Driscoll, 202-360-3273, chris@votenader.org

Nader/Gonzalez Campaign to Protest Oil Industry Price Gouging

What to do?

If you are in corporate occupied territory (read: our nation’s capital) next Tuesday, join with Independent Presidential Candidate Ralph Nader and the Nader/Gonzalez team to protest oil industry speculation, manipulation, and conglomeration that is driving gasoline prices over $4 a gallon.

The protest will be held at noon on Tuesday, May 20, 2008 at oil industry lobby headquarters (American Petroleum Institute) at 1220 L Street, NW, Washington, D.C. (Corner of 13th and L Streets, NW). Mr. Nader will be available for news media interviews at the protest and will deliver a short address to the protesters.

We are also inviting the Obama, Clinton and McCain campaigns to join with us at this protest.

In recent years, the big five oil companies - ExxonMobil, ChevronTexaco, ConocoPhillips, BP and Shell - have booked record profits - a big chunk of which result from oil industry market manipulation and anti-competitive practices. (For example, oil companies have exploited their market position to intentionally restrict refining capacity by driving smaller, independent refiners out of business.)

Nader/Gonzalez would strictly regulate the oil industry - clamping down on speculators and enforcing the antitrust laws.

Nader/Gonzalez would also revoke federal subsidies to the oil industry, repeal multi-billion tax breaks and impose a windfall profits tax to fuel a transition to a solar energy economy.

So, if you are in the neighborhood next Tuesday, plan to join with us at noon.

If not, become a founding member of the Nader/Gonzalez Take Back Our Government from the Corporations Protest Fund.

The oil price gouging demonstration will be the second in a series of Nader/Gonzalez protests against the corporate takeover of our democracy.

Last week, Ralph Nader led a protest at the federal auto safety agency.

That agency is about to issue a weak federal roof crush standard that would deny rollover victims their rights to justice and compensation.

We’ll be taking it to the streets of corporate occupied territory throughout the year.

For more information, call the Nader/Gonzalez Media Office at: 202-360-3273 or email chris@votenader.org