Congress Blowing Hot Air at Energy Crunch
by Neil Cavuto
I see Chuck Schumer wants to investigate the oil companies for price gouging. Why doesn’t he ask his fellow politicians to do the same about tax gouging?
After all, oil companies’ profit works out to nine cents a gallon. Taxes total more like 40 cents a gallon.
But you don’t hear Schumer whining about the taxes. After all, that’s an easy source of revenue for a monotonous list of social programs whose failures are legendary. Better to keep funding them through taxes that are killing us, than demanding accountability due all of us.
Senator, if you want to bring gas prices down, start offering solutions and stop playing games.
Start opening areas for more oil exploration here, so we don’t rely on oil from over there.
Start ending the environmental catchpenny of blended fuel mandates, that’s done squat to clean our air but done tons to sully our wallets.
Start removing the restrictions that prevent companies like Wal-Mart from selling more gasoline here.
And start demanding the same accountability of our tax dollars that you do oil giants’ dollars.
You do motorists no good, Senator Schumer, when you motor past the facts and only stop for an open microphone.
No one’s a saint in this process, Senator, least of all… you.
Watch Neil Cavuto weekdays at 4 p.m. ET on “Your World with Cavuto” and send your comments to cavuto@foxnews.com
April 26th, 2006 at 10:30 am
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April 26th, 2006 at 12:19 pm
Gas Prices Have Politicians Talking in Washington
On Capitol Hill, members of Congress are blaming oil companies for high gas prices. Politicians want
April 26th, 2006 at 5:14 pm
Price Gouging in Delaware
The State of Delaware is not gouging you at the pump. No, they got you right on the highway, charging tolls going north and south on the Interstate I-95 corridor. Of that route, only 16 miles are in Delaware, but it is an expensive 16 miles.
April 26th, 2006 at 5:17 pm
Not only taxes, but tolls too! I trackbacked to my post about the State of Delaware charging $9 to drive 32 miles round trip through their state on I-95. That is twice as expensive as the gas cost.
Lets not forget that the oil companies are paying income taxes to the Government and I will have to pay taxes on my dividends along with millions of others!