US Senate Democrats unveil new energy tax plan

“The Bush administration has led us down the path of the most significant energy crisis we have had in decades, if not in all time”

Democrats in the U.S. Senate on 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 ... via Peak Oil

[DonandEvelyn]

So, we're going to have a "rescue" by Senate Democrats from gas prices, right? Not on your life. Not one drop of oil will be gained and not one dime less for a gallon. When the Democrats assume control in November, consider what many are saying, "We're glad we're not going to be around long enough to see the demise of America, but cry for out grand children's future".

[Bob Burns]

Duh. Oil companies pay more, gas prices go up. Are Americans really so stupid? Must be,'cause lots of folks will cheer this insanity