President Bush and a few in Congress want to drill off-shore and in Alaska for oil. It would take eight to 10 years before it would effect the price at the pumps, as there has been no new refineries built. Therefore, this raw oil would probably go overseas instead of helping to lower price at the pump. Our oil companies are not even drilling on the thousands of areas they are already leasing, even though they are receiving subsides and tax write-offs for this purpose. Why would they want to produce more oil and lower their price? By controlling the supply they can keep up the price. The Bush Administration and many in congress have oil stock. Why would they want to pass a good energy bill and lower the value of their stock? This effort to drill for more oil is only a cover-up! Does anyone actually check to see if our oil companies are actually trying to produce more oil in the fields they are drilling? What Congress should do is to tax their windfall profits, and bring anti-trust laws against them to break them up and thereby restore competition which is necessary to obtain efficiency and fair prices. They won't do this unless we demand it. It's up to us. I feel Obama will try to do this if he has enough support from us. I feel McCain would make permanent Bush's tax cuts for the wealthy as the Republicans believe in helping those at the top and this would work down to the bottom. If this is true, why is our economy in such a mess? The Democrats believe in helping those at the bottom - the working man, who will have more money to spend; which will create more jobs thereby helping all. You do the math and vote accordingly! Your vote will determine if our economy will improve or get worse.
Letter: Finding truths about oil prices
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