Page 9 - Windfall Profit News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Say, and they said this yesterday, that basically, if you take away these tax breaks, the cost of gasoline is not going to come down for the average american? well, look it, when we have a conflict in libya, and 1.2 million bares of oil come off the world market, and then the saudis took 800,000 barrels of oil off the market a month ago, the price of a barrel of oil went up. why didn t exxon mobil and chevron and bp say, you know what, we re not going to increase our prices to capture the incredible windfall profit. no, they took it all, and then they turn around, to the very same consumer and say, and by the way, we need a tax break, as well. it makes no sense. the toaster industry didn t go up. the refrigerator industry. those are the other kinds of companies that get this manufacturing fax break. the oil industry is in a completely different category, and, in fact, the high price of oil is hurting every other industry. so that s the place where we should find the sacrifice. ....

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