President Bush orders gasoline probe around high prices

emily litella speaks:

http://www.breitbart.com/news/2006/04/25/D8H73VI01.html

Consumers shrugged off higher gasoline prices in April and sent a widely watched barometer of consumer confidence to its highest level in almost four years, a private research group said Tuesday.

 

I thought a corporation was a "person" under the law.

Lawyers... is that so or am I misremembering things?

 

true to a degree. when the corporation does something illegal, though, the corporation and not the people running the company takes the brunt of the damage. However, when a corporation makes a lot of money, the people running it can reap the rewards.

also, under the law, illegal immigrants are not persons. Neither is a fetus, so both sides can have their fun saying that the law shouldn't be used to justify what is a person.

 

Damn it, I sure agree with you here!



Keep D&D Civil.

 

Not sure if you'd agree with Teddy's foreign policy.

 

Hey texxx care to comment on Jr's apparent flip flop in regards to the strategic oil reserves?

 

TR was a creature of his era, and one of our most brilliant Presidents. I would take TR as he was, but with a modern education and modern progressive sensibilities. I don't doubt that he would adapt to our current day beautifully, and would be a polar opposite of George Junior.


(yes, I saw The Wind and the Lion as well )

 

Why is this man smiling?



It looks like he may just be able to afford that jowlectomy!

 

He's my favorite President, and in many ways opposite of Junior, but I don't think he'd be shy about foreign policy interventions. To say that would be to remake him into someone totally different.

 

Sounds like a reasonable idea --

Democrats will propose eliminating federal gas taxes for sixty days; 18 cents a gallon

Mulling proposal to give feds more power to target price gougers

Democrats are set to introduce a measure that would create a "federal gas tax holiday" by eliminating the federal tax on gas and diesel for sixty days, RAW STORY has learned.

The measure, proposed by Sen. Bob Menendez (D-NJ), would reduce the cost of gas by $0.184 per gallon and the cost of diesel by $0.244 per gallon. The move, aides say, will provide $100 million dollars per day in relief.

Democrats say the money will be made up by cutting six billion dollars in tax breaks to oil firms. Currently, the money from the federal gas tax goes to the Highway Trust fund.

The Democrats' move come in the wake of two decisions by President Bush today -- one, to temporarily relax environmental regulations in an effort to speed up delivery of fuel and dampen prices, and two, to halt delivery of oil to the U.S. strategic petroleum reserves.

Democrats are also working on an amendment that would give federal authorities more power to investigate price gouging, aides say. The measure could be introduced by Sen. Maria Cantwell (D-WA), who is examining the idea.


http://www.rawstory.com/news/2006/Democrats_to_propose_cutting_gas_tax_0425.html

 

BTW texxx

Why didn't you start this thread last week when the Honorable Senior Senator from the great state of New York called for the same probe?

Senator calls for gasoline price-fix probe

Americans are spending hundreds of millions more at the pump; industry says it isn't withholding any supply.

By Steve Hargreaves, CNNMoney staff writer
April 18, 2006

NEW YORK (CNNMoney.com) - As American drivers shell out more and more money at the pump with each passing day, some are asking whether big oil companies are scheming to withhold supplies in order to boost prices.

New York Senator Charles Schumer, speaking in front of a Hess station in Manhattan, called Tuesday for a federal investigation to see if oil companies and refiners are deliberately withholding gasoline production, taking advantage of the normal switch from winter gas to summer gas in an attempt to bid up prices.

"The bottom line is they are producing at 85 percent capacity when they should be producing over 90 percent," said Schumer. "Are they scaling back production? Only by subpoenaing the companies and looking in their books will we get that answer."

You do look at CNN right?

http://money.cnn.com/2006/04/18/news/economy/gas_price_investigation/index.htm?cnn=yes

 

Read my lips, no new taxes

Fool me... well, you can be fooled again...

 

Hayes, you should know the Democratic record when it comes to foreign interventions, and going to war. I'll stack that record up against anyone's! TR would fit right in, lol.

He's always been one of my favorite Presidents. Very likely to have been the most intelligent of them all. He was a real progressive and reformer, even when it meant breaking with his own party. Teddy was the youngest President ever elected to office. (at least up until then) He was instrumental in building the Panama Canal, and having it under the control of the United States, a strategic triumph. He was the first American to win the Nobel Peace Prize, for mediating the Russo-Japanese War. Really the list of his accomplishments is staggering, and too long to put here. The guy wrote 35 books! He was, in many ways, the quintessential American President, and few come close to measuring up against him.

But you know all that.



Keep D&D Civil.

 

lol. Now explain how the "joke" solves the downstream bottleneck.

 

Yep. I'm not sure who measures up to TR, really. But he was all for exporting american values - by force if necessary. I'm not how that jives with some of your opinions.

 

Bigtexx.

Sucks at the tit of tax payer funded education. Wants lower taxes when and if he earns some money. He's got his.

Disses his proclaimed inferiors who serve in Iraq.

I agree. a country club Republican.

 

No, you just like to think that.

Consumer confidence numbers have still not rebounded to the levels that they were at before Bush took office and, as I have shown clearly, median incomes have dropped for several years straight.

It is nice that consumer confidence numbers are up, but it does not change the fact that, based on income, the average American is falling behind, not getting ahead.

 

about the strategic reserve deal


the oil numbers just came out and EIA reported a crude draw of -226k barrels so that extra 490k a week would turn that draw to a build just to put things in perspective.