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To: kabar
LOWER GAS TAXES

You know, when this first happened in 2000, two things were said. Then candidate Bush said he would call his friends the Saudi's to turn the taps on and Limbaugh said that Clinton with the stroke of a pen could remove the federal taxes on gas as well as drop the additive expectations with both actions lowering cost.

Was that call made to his friends and why hasn't the stoke of a pen happened?

142 posted on 04/24/2006 6:47:36 AM PDT by joesbucks
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To: joesbucks
You know, when this first happened in 2000, two things were said. Then candidate Bush said he would call his friends the Saudi's to turn the taps on

I think you are confusing Bush with Kerry in 2004. It was Kerry who said that Bush had those connections and should use them. Please provide the source for your assertion that Bush said this in 2000.

Limbaugh said that Clinton with the stroke of a pen could remove the federal taxes on gas as well as drop the additive expectations with both actions lowering cost.

Again, I don't know where you are getting this quote from. Congress levies taxes, so the President alone cannot abolish the federal tax on gasoline.

Was that call made to his friends and why hasn't the stoke of a pen happened?

I don't know, but the Saudis have increased production, which does increase supply. Demand has also been increasing driven primarily by China and India. The idea that any President can lower the price of a global commodity like oil is nonsense.

We import 60% of our supply and the amount of imported oil will continue to increase unless we find an alternative solution. It has to be a multipronged approach: Conservation, finding new domestic oil deposts, alternative energy (including nuclear), and decreased regulation. It will be a long term approach. In the meantime, high oil prices will be a fact of life.

171 posted on 04/24/2006 7:11:37 AM PDT by kabar
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