Quote Originally Posted by Psycho4Bud
With skyrocketing gas prices, it is clear that the American people can no longer afford the Republican Rubber Stamp Congress and its failure to stand up to Republican big oil and gas company cronies. Americans this week are paying $2.91 a gallon on average for regular gasoline ?? 33 cents higher than last month, and double the price than when President Bush first came to office.

??With record gas prices, record CEO pay packages, and record oil company profits, Speaker Hastert and the Majority Congress continue to give the American people empty rhetoric rather than join Democrats who are working to lower gas prices now.

??Democrats have a commonsense plan to help bring down skyrocketing gas prices by cracking down on price gouging, rolling back the billions of dollars in taxpayer subsidies, tax breaks and royalty relief given to big oil and gas companies, and increasing production of alternative fuels.?
Press Release :: Congresswoman Nancy Pelosi, California, 8th District

With Democrats controlling Congress in 1980, Jimmy Carter got the windfall profits tax passed and as if on cue, oil production -- fell. To the tune of 1.6 billion fewer barrels. America's dependence on foreign oil rose.
Babalu Blog: Obama - Heir to Jimmy Carter

I guess Pelosi didn't agree with ya back in "06". I think she still feels that a higher tax would do the trick today....not like it worked in the Carter years but what the hell.

Have a good one!:s4:
One thing I have to give republicans; while they do tend to side with oil companies they at least do acknowledge the need for alternative fuel sources and also acknowledge that this change will not be instantaneous. The don't have a fire lit under their butts to make this change occur but at least the do acknowledge it.

The liberal left, not the moderate democrats, have always given me the impression that they expect it to happen over night. Poof it's there!! I admire their passion and initiative to want to make this happen but they need to realize that until we reach the goal of being mostly on alternative energy that we are going to need oil.

More taxation of the oil companies will just further burden the consumer as these costs will just be rolled down onto them; making our efforts to move away from oil that much harder!!