Obama’s Plan for $10 Gas

Obama will rise the price of Gasoline to $10

“Obama’s energy policies have created the worst of all possible worlds for American consumers: higher prices and continued dependency on imported oil.

Now, in the ongoing deficit reduction talks, the President is insisting on cutting $45 billion of incentives for oil and gas companies over the next decade.  The Democrats like to portray these incentives as “special breaks” for Big Oil, but in fact they are no different from expensing and depreciation allowances enjoyed by most manufacturing businesses.  In reality, Obama’s proposal has nothing to do with “special breaks” for oil companies.  Instead, it is a “special tax” aimed specifically at oil and gas.”

 

 

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About On the North River

Forty years toiled in the Tel-com industry, married for 36 years widowed at sixty-one. Ten years in a relationship with a woman until her death. Was a Tea Party supporter. Today a follower of the Last American President to be honestly elected, Donald J. Trump. Recently had Ancestry.com tell me I'm Swedish, not Danish. I may need to change my avatar.
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