Tuesday, April 25, 2006
Our Dear Embattled Leader has gas pains
Gas pains so serious that he is calling for the repeal of of one of his favorite tax breaks for the oil industry.
Bush, in his speech, urged Congress to revoke about $2 billion in tax breaks over 10 years that Congress approved and he signed into law to encourage exploration. "Taxpayers don't need to be paying for certain of these expenses on behalf of the energy companies," Bush said. [Not now, but perhaps later when they are not looking.-Ed.]Geez Loiuse! He's sounding more like a Democrat every day. If you don't believe me, check this out.
He also urged lawmakers to expand tax breaks for the purchase of fuel-efficient hybrid automobiles.
During the last few days, Bush asked his Energy and Justice departments to open inquiries into whether the price of gasoline has been illegally manipulated....Still, this really is just another "Potemkin program" for ODEL and his minions. And to let the industry in on the game, he "ordered a temporary suspension of environmental rules for gasoline". Having been suspended, you can probably forget about the rules being reinstated until 2008.
.....The administration sent letters Tuesday to state attorneys general urging them to vigorously enforce state law "against any anticompetitive, anticonsumer conduct in the petroleum industry."
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