Barack Obama’s energy policy STINKS!

Posted by bruni on September 01, 2008

Absolutely no new drilling (even though EVERY other country in the world does it).
No new nuclear plants.
His answer to high gas prices is windfall profits tax. Whatever the fuck that is…sounds like something that will just result in higher prices at the pump.

….and now his most brilliant new solution to the energy problems yet!

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Here’s a good read on windfall taxes and why it’s silly to levy them against Big Oil

Posted by bruni on August 24, 2008

What Is a ‘Windfall’ Profit?

August 4, 2008

The “windfall profits” tax is back, with Barack Obama stumping again to apply it to a handful of big oil companies. Which raises a few questions: What is a “windfall” profit anyway? How does it differ from your everyday, run of the mill profit? Is it some absolute number, a matter of return on equity or sales — or does it merely depend on who earns it?
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oil and the euro are in a freefall

Posted by bruni on August 11, 2008

the euro tooks its biggest plunge today in 8 years and oil is down to $116

all this is bad news for the tire inflation guy
By OT’s logic this means that Europe will disintegrate.

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we’re down $115/bbl

Posted by bruni on August 11, 2008

we were blaming the democrats last week so i guess this week we have to thank them
fuck that, go higher so the prices of trucks and suvs drop even more so I can pick up an Infiniti FX45 since paying more for gas > less pricey gas and paying 15k extra for a vehicle

what is your first language?
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