Tuesday, July 15, 2008

Bill O'Reilly: Oil and Trouble

Bill O'Reilly: Oil and Trouble

The gas station guy in my town is exhausted from climbing the ladder every day in order to change the price sign. Of course, it's up, up and away. High gas prices, I predict, will become the biggest issue in the presidential campaign.

This week, Republican senators blocked a Democratic-sponsored bill that would have imposed a "windfall profits" tax on the five major oil companies. Since these companies made about $36 billion in profits in the first quarter alone, "windfall" may be understating it.
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