The political battle over high oil and gasoline prices continued in Congress today. Democrats unvei
led a plan that calls for a trust fund to spur renewable sources, energy efficiency and consumer price protection. It would be paid for by slapping a windfall profits tax on oil companies and repealing $17 billion worth of oil and gas industry tax breaks. It also calls for anti-price gouging measures and punishment for OPEC countries if they’re found guilty of price manipulation.
Joel Southern, APRN – Washington, DC