Quote:
Originally Posted by Army_of_One  In a press release dated April 24, 2006, Pelosi said, “Democrats have a commonsense plan to help bring down skyrocketing gas prices by cracking down on price gouging, rolling back the billions of dollars in taxpayer subsidies, tax breaks and royalty relief given to big oil and gas companies, and increasing production of alternative fuels.”
Ummm.....yeahh.....How's that working out Nancy?
Gas is almost $3.50 a gallon. |
Man this needs breaking down:
Price gouging: I know of know place that does price gouging, in fact price gouging is illegal in ever y state. Now if the federal government wants to look at fuel taxes.......
Tax subsidies and breaks, relief: I have already mentioned that it wasnt until the last couple of years did oil companies start making a profit after losing money for the past 10 or so years due to reinvestment in searchng for oil and investing in its extraction and other services along the line, the money now is likely going towards the same thing.
Biofuels: To burn our food for fuel is absolutely insane. Right now futures are going through the roof, there is rice rationing, an African rust virus rushing through parts of the world. To burn food for fuel at this juncture is insane and will cost the lives of millions of people in the near future, the worlds poor will be holding pitchforks at the 'civilized' worlds neck in the not too distant future.