Of all the idiotic ideas to come out of Washington, this has got to be one of the stupidest I have ever heard:

House passes bill to sue OPEC over oil prices

WASHINGTON (Reuters) - The House of Representatives approved legislation on Tuesday allowing the Justice Department to sue OPEC members for limiting oil supplies and working to set crude prices, but the White House has threatened to veto the measure.

The bill would subject OPEC oil producers, including Saudi Arabia, Iran and Venezuela, to the same antitrust laws that U.S. companies must follow. The legislation also creates a Justice Department task force to aggressively investigate gasoline price gouging and energy market manipulation.

Forget, for a moment, the trillions of dollars in debt that the U.S. government sold to finance nearly eight years of defense boondoggle, and what all those dollars flying around the world mean to the value of the much-vaunted petrodollar.

Forget, for a moment, the likelihood that global oil reserves have peaked, or the fact that oil consumption in developing nations recently surpassed oil consumption here in the U.S. of A for the first time in history.

Forget, for a moment, the incredible growth of hedge funds over the last decade, and how, now that they've been spooked by the utter crapola of CDOs and SPVs, they are desperately looking for somewhere else to place their dirty little bets.

Forget all that -- and all that it implies about Congress' own malfeasance for the past decade -- and then you, like Congress, can choose the scapegoat that is always handy whenever energy is the topic du jour.

Blame the Arabs! [And the Venezuelans, too -- Ed.]