Us Senators Push To Increase Gas Prices

[gags]

A bipartisan group of US Senators including Jack Reed (D-RI), Richard (Turban) Durbin (D-IL), Susan Collins (R-ME), Charles Grassley (R-IA) Judd Gregg(R-NH) have proposed a "windfall profits" tax on "Big Oil".

http://reed.senate.gov/liheap/rel-windfall-11-03-05.htm

As is often the case with these types of schemes, this one is being done in the name of helping and protecting the poor. According to Senator Reed's proposal, the proeceeds will assist low-income families and seniors with their heating bills this winter.

Of course, the fact that the tax will simply be passed on to all consumers in the form of higher gas prices at the pump seems to have escaped these senators who are so eager to help and protect us.

Ugghh....who will protect us from our protectors?

[jrs]

Of course, the fact that the tax will simply be passed on to all consumers in the form of higher gas prices at the pump seems to have escaped these senators who are so eager to help and protect us.

If it did not get passed on to the consumers, the result would be even worse -- the investments needed to repair, replace, and expand the oil industry's infrastructure would not be made. So we could be saddled with a scarcity of oil for years instead of just months.

[Evangelical Capitalist]

"Dagny, you'll think I'm insane, but I think they're planning to kill Colorado."

[gags]

Have any of you watched the sickening hearings regarding oil company profits that are now being held by the Senate?

http://news.yahoo.com/s/ap/20051109/ap_on_bi_ge/congress_oil

The oil co. managers aren't doing much of a job defending themselves. I would give my left arm to see one of the oil execs stand up and flip the bird to these clowns in the Senate.