Lets cut the federal gasoline tax! We reduce the price of gasoline by $0.18 overnight! Demand goes up! Prices go up! Within weeks the cost of gasoline is the same as it was before! Here is hoping that McCain and Clinton get remedial education in supply and demand.
OK, lets tax the windfall profits of oil companies! The average return on investment for the oil majors was 7.3% last year. My company would fire me for that kind of poor performance.
ExxonMobil: Responding to world energy needs
API: Putting earnings into perspective
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