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 Stories About: Big Oil AND gas prices AND John McCain AND oil AND oil and gas drilling AND politics AND Saudi Arabia
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With friends like these ...
Saudis agree with McCain: Cut gasoline taxes! |
Joseph Romm |
16 Jun 2008 |
Gristmill |
| If anything should put a stake through John McCain's absurd gas tax holiday idea, it's that the Saudi King advocates it, too! As I have previously noted, the only ones who benefit from the gas tax are the oil companies and the petroleum producers. Case in point, the biggest producer just said: Next month, the Saudis will be pumping an extra half-a-million barrels of oil a day compared to last month, bringing total Saudi production to 9.7 million barrels a ... |
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| Topics: Big Oil, gas prices, John McCain, oil, oil and gas drilling, politics, Saudi Arabia (all these topics) |
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