Archive for May 31st, 2008

Gas could hit $8 a gallon

May 31st, 2008 | Category: Finance,Politics

If a bill that comes out of Congress in June ever passes and is signed into law, then a new federal bureaucracy would be formed to manage the complicated new tax called cap & trade.  This would be all to pacify the Global Warming pessimists here and abroad. And then to drastically raise taxes on gasoline. Can you say five to eight dollars a gallon? Does that sound like a plan to you?  I certainly don’t think so.

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