"He will put the sheep on his right and the goats on his left."
Matthew 25:33

Saturday, April 26, 2008

MCCAIN VS. OBAMA ON GAS TAXES

John McCain proposes eliminating the federal gas tax from Memorial Day to Labor Day. I am sure Ron Paul would be in favor of doing away with it entirely! Michele Bachman spoke at the tax rally about how we have in this nation less than half the refineries that we had in the seventies. I sold valves and refinery equipment when I lived in Houston in '91. All the obsolete equipment was being rebuilt and used in Mexican refineries where the environmental requirements were not as strict. Our federal legislators should really lighten up on domestic drilling. Anwar alone is not the answer. Robust, aggressive offshore exploration is the answer to ease prices at the pump. That and ending the ethanol requirements. Mexico discovered billions of barrels in the gulf of Mexico last year. It will take several years to get it out of the ground. Mexican oil companies are owned by the Mexican government unlike ours. I recently heard an expert on a radio show say that if we do not start drilling in the gulf off the shores of Florida in the near future, Cuba will see no reason not to let the Chinese have at it. It was also mentioned that they do not have the safety record that we do.

Here is a video with McCain and Obama being quoted on the federal gas tax.

1 comment:

pcsolotto said...

To the owner of this blog, how far youve come?