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May 8, 2008
Senate Jacks Up Gas Prices
Think gas prices are too high? If so, it's a shame you're not in the Senate, which instead of lowering prices by lifting unnecessary drilling restrictions is effectively jacking them through the ceiling by raising taxes on oil companies:
Democrats in the Senate Wednesday unveiled a new energy package that would revoke $17 billion in tax breaks extended to big oil companies like Exxon Mobil Corp and slap a 25 percent windfall profits tax on firms that don't invest in new energy sources.
This is Harry Reid et al.'s idea of moving to lower prices. How stealing oil companies' profits and forcing them to pour what they have left down alternative energy rat holes will lower prices is left for voters to figure out.
On a tip from General Jack D. Ripper.
Posted by Van Helsing at May 8, 2008 7:25 AM
Comments
I love how government has become so illiterate that they can no longer read the constitution.
Posted by: furballz at May 8, 2008 7:29 AM
The Democrats need to change their Party name to the Moronrats. They just keep raising the bar with their continuous acts of fiscal stupidity! And I view the "alternative energy" crap as more of a "black hole" than a rat hole that will inevitibly cause the universe to implode!!!
Posted by: HoosierArmyMom at May 8, 2008 7:41 AM
Dont you all get it? The Demodupes want gasoline to go higher - its better for them politically in the fall. They also hope the economy will get worse for the same reason and will talk down the economy as much as possible.
Unemployment is 5%, they act like its 15%.
GDP growth is positive (not terrific) but still positive but Demodupes lead people to believe we are in a recession.
At every turn they will try and sabotage the economy for political gain as long as one of THEM is not in the Whitehouse.
Posted by: Anonymous at May 8, 2008 7:44 AM
It shows the stupidity of the Democrats (and John McCain, but I repeat myself). If they believe American ingenuity will come up with some wondrous alternative energy solution to fossil fuels ... then why can't they believe American ingenuity will let us drill in ANWR without damaging the environment?
Posted by: V the K at May 8, 2008 7:49 AM
We already have the ability to drill in Alaska and off the coasts with minimal problems. Look at the North Slope and Gulf of Mexico oil wells. Technology is even better now than when those fields were set up. Then theres coal to oil - the US military has already started doing that using old Nazi WW II technology.
The only thing standing in the way is the Maxist - EcoNAZI Democraps.
Posted by: Anonymous at May 8, 2008 7:59 AM
I was just having this conversation with a co-worker. If we can drill in Texas, Oklahoma, and
all over the place without destroying the environment, then why can't we drill in the barren wasteland of Alaska without doing so? The only place more remote and uninhabitable would be the North Pole.
Posted by: ent at May 8, 2008 8:30 AM
"Unemployment is 5%, they act like its 15%.
GDP growth is positive (not terrific) but still positive but Demodupes lead people to believe we are in a recession."
Yeah, there's no recession going on, but I don't expect the media folks who were saying "recession-recession-recession" for the last 6 months to issue any apologies. They are doing a pretty good job of ignoring the good news altogether.
Posted by: forest at May 8, 2008 9:29 AM
I've been sorta scoffing at the presidential candidates for making a big deal of what they intend to do about gas prices - as if they could control it.
I guess I was wrong - the government can control prices - if the goal is to make them go up.
Posted by: forest at May 8, 2008 9:32 AM
How old do you have to be to remember the real Democrat ex-President Jimmy Carter and the havoc he wreaked on the US economy and foreign policy? From installing the mullahs in Iran, Mugabe as dictator in Zimbabwe, to interest rates in the US of 22% and gas lines in the US with rationing?
With the whitewashing the media has given Carter, why should they? Unless they stood in those gas lines to get their five gallons, on your day.
Posted by: bill-tb at May 8, 2008 10:18 AM
You know, another way to alleviate gas prices is to deal with the insane credit card fees. For example, for every gallon of gas, 2.5% of the price goes to the credit card associations and their member banks. Think about filling up your non-hybrid truck and think about how much extra that is. It adds up.
It's a big issue for me since I work with a merchant group that's trying to do something about these fees, called interchange fees. Chris Cannon (R-Utah) has a bill in the House called the Credit Card Fair Fee Act which would allow merchants (including gas station owners) to negotiate the fee down, which Visa and MasterCard refuse to do now.
It's not the whole answer, but it should be part of the solution.
Posted by: Retailgunner at May 8, 2008 10:45 AM
I'll go on Congress.org and send a message to my Senators and Congressman to get on board with Cannon's bill, "Credit Card Fair Fee Act". You are spot on... it's a good start.
Posted by: HoosierArmyMom at May 8, 2008 1:03 PM
Harry Reid is the dumbest man in the Senate. I'd normally say it was Hillary Clinton, but even her balls are bigger than his. Look, the envirokooks have their claws so deep into the Democrat Party that they can no longer deny it. I just wish they would be honest with the American people and say, "Hey, we really don't give a shit about how high your energy costs are because we care more about attaining political power as a payoff for our Gaia loving friends who are in positions of power now too. We really are one big happy lefty family."
Posted by: Asmodeus at May 8, 2008 4:10 PM
Asmodeus, it seems you have taken up the mantle of "Mr. Obvious", which there is plenty of demand for given the tendency of Moonbats to go into denial. LOL!!! Great comment, but unfortunately it is lost on so many who just have to cling to buzz words like "hope" and "change" no matter how empty they are. Those words are just as empty and meaningless as the man in the "empty suit" is.
Posted by: Anonymous at May 9, 2008 4:22 AM

