Representative Ed Markey (D-MA), Chairman of the House Select Energy Independence and Global Warming Committee, discusses the solutions Democrats haveoffered for rising gasoline prices, and denounces Republican efforts to block them.
Video: Rep. Markey - Democrats Press Solutions for Gas Prices
Video: Rep. Markey - Democrats Press Solutions for Gas Prices
(via video.energypolicytv.com)
Submitted by EPTV on Mon, 2008-04-28 20:22. | Tags: politics | congress | Democrats | ed markey | energy | fuel | gas prices | gasoline | global warming | oil | petroleum | president bush | video
Reality Check for gas tax holiday - it won't work.
See feedback from real economists at http://www.huffingtonpost.com/2008/04/29/gas-tax-holiday-splits-cl_n_99296.html
My favorite :Robert Reich (Obama supporter)
"So what else can we do? McCain and HRC are proposing a tax holiday on gas - so this summer you wouldn't pay the 18 cents a gallon that would otherwise go to Uncle Sam. Talk about dumb ideas. This will only encourage Americans to drive more, thereby increasing demand and causing gas prices to rise even higher. Driving more will also put more carbon dioxide into the atmosphere, which fuels global warming. And this will cost taxpayers some $10 billion. It's a cheap political gimmick that does nothing to stem the rising price of oil."