We continue our special Auction 2012 report, “BOUGHT,” in collaboration with The Huffington Post. On Monday we focused on “B” for Banking, and today we are moving on to the “O” in Oil. It’s all about the energy sector and finding power in money by breaching the integrity of our free market and preying on fear. Whether it’s through the subsidy process or the transfer of environmental damage for a country that proclaims a desire for free markets, we can’t think of a product that has a more rigged price.
Here’s Dylan’s segment with Dan Froomkin, senior Washington correspondent for The Huffington Post. Check out Dan’s article Auction 2012: Energy Lobby Finds Power In Money And Fear.