5/24/07

Classical Gas

Via C&L:

Guardian UK:

The House, eager to do something about record high gasoline prices in advance of the Memorial Day weekend, voted narrowly Wednesday to approve stiff penalties for those found guilty of gasoline price gouging.

The bill directs the Federal Trade Commission and Justice Department to go after oil companies, traders or retail operators if they take “unfair advantage'' or charge “unconscionably excessive'' prices for gasoline and other fuels.

The White House called the measure a form of price controls that could result in fuel shortages. It said President Bush would be urged to veto the legislation should it pass Congress.



Via your local liberal brewery:

Rell and her hamburger party suggest dropping the 25 cent tax on gas:

Rell endorsed the idea several hours after Republican legislators introduced the measure at a press conference at the state Capitol complex. They vowed to force the Democrat-controlled legislature to vote on the issue, possibly in the next three days when the House is in session.

snip

"This is an irresponsible, half-baked scheme by the Republicans to appease the public with pennies, while costing the state over $120 million," Amann said. "Their annual sideshow is about as helpful to Connecticut drivers as the governor's press release last week calling for a national investigation into gasoline prices. It's embarrassing."

Amann said the legislature cannot guarantee that prices will drop at the pumps, because lawmakers do not control gasoline prices. Proponents of the measure said, however, that regardless of the price of gas, motorists would be paying 25 cents less per gallon.

Not only is Amann correct, but the fact is I can think of a lot better ways to spend excesses in government money that would benefit everyone. You can be damned certain that the price of gas would just go right back up shortly after they dropped the tax with distributors and oil companies soaking up even more excessive profits than they are already getting.
HMMMM? In the warped GOP view it is good when businesses rip you off, BUT bad when the government puts it aside, responsibly, for future needs.

OR

In the warped GOP view it is good when companies force fuel consumption down by ripping you off with price gouging, BUT bad when the government forces fuel consumption down with a legitimate tax.

Either argument that these CONservative jokes want to make exposes their GOP talking points for the pure unadulterated BS that it always is.

As a side note: A little pat on the head of the few republicans that actually understand that even republicans need to a planet to live on even if they are all space cadets:

Gov. Arnold Schwarzenegger of California and fellow Republican Gov. Jodi Rell of Connecticut accused the U.S. government on Monday of "inaction and denial" on global warming."

It's bad enough that the federal government has yet to take the threat of global warming seriously, but it borders on malfeasance for it to block the efforts of states such as California and Connecticut that are trying to protect the public's health and welfare," the governors wrote in The Washington Post.

And in honour of these republicans speaking out on unnatural issues for the GOP... A little Classical Gas from down under:

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