I ain't no economist, but once a government gives massive subsidies to an industry, doesn't that mean textbook market forces no longer apply? Or does the GOP have a wildly different definition of a "free market"?

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Bush Says Don't Expect Oil Price Breaks

NASHVILLE, Tenn. - President Bush defended the huge profits of Exxon Mobil Corp. Wednesday, saying they are simply the result of the marketplace and that consumers socked with soaring energy costs should not expect price breaks.

Bush, a former Texas oilman, said of oil costs, "I think that basically the price is determined by the marketplace and that's the way it should be."

Early this week, Exxon reported record profits of $10.71 billion for the fourth quarter and $36.13 billion for the year — the largest of any U.S. company. While some politicians raised furious objections, Bush had a different reaction.

"There is a marketplace in American society," he said