Energy plans unpassed

Democratic proposals include:

-Use it or Lose It measure that would force an oil company to drill on the leases it currently has or turn them over to another company that will drill.

-Ending tax breaks for large oil companies.

-Tax incentives to companies researching of producing alternative and renewable energy sources.

-Cracking down on oil speculation through increased oversight.

Republican proposals include:

-Dropping the ban on outer continental shelf oil drilling and the moratorium against finalizing rules on oil shale leases.

-Opening up the Arctic National Wildlife Refuge for oil exploration.

-Increased research and development for plug-in vehicles and boosting staff of the Commodity Futures Trading Commission, which regulates market speculation.
Congress takes five-week vacation without passing energy bill - Salt Lake Tribune

Well I hope to hell they enjoy their private jet rides back to their home towns. In the meantime, we lower folk can enjoy paying $4.00 at the pump.

Look at their plans and ask yourself which one will either have an immediate effect and/or long term effect on pricing and which one really has neither. Pretty obvious to me.......when a product is subject to a higher tax who ends up paying this tax in the end?:wtf:

Pelosi and Reid decided NOT to even bring this up to a vote.....to them I say;:S4:

Have a good one!:s4:
Psycho4Bud Reviewed by Psycho4Bud on . Congress on 5 week vacation, NO energy plan! Energy plans unpassed Democratic proposals include: -Use it or Lose It measure that would force an oil company to drill on the leases it currently has or turn them over to another company that will drill. -Ending tax breaks for large oil companies. -Tax incentives to companies researching of producing alternative and renewable energy sources. Rating: 5