Thursday, July 31, 2008

Gas: The difference between Democrats & Republicans

Democrats, including Barack Obama, support increasing taxes and regulatory costs (environmental) on energy producers and consumers (you), limiting exploration for new oil and natural-gas supplies, and mandating conservation. Liberals like Obama have long argued for higher gas prices to force conservation and reduce emissions. The only concern he has expressed recently is that prices have not gone up gradually and that the sudden spike has hit Americans hard.

Republicans, by contrast, favor lower oil and gas prices. Last week, they wanted to offer an amendment to the oil-speculator bill that would allow states to open up areas at least 50 miles off their shores for oil and gas exploration.

Read the whole thing!

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