Shouldn’t Obama be thanking Big Oil for keeping prices low? :: Pundit Review

Look at how much the price of oil has risen versus the price of gasoline. Oil’s gain is far outpacing the gain in gasoline. Doesn’t this raise a few questions for Barack Obama, who loves to vilify “Big Oil” and has been talking about a windfall profit tax.

Obama proposes oil companies be taxed on windfall profits from oil sold at or above 80 dollars a barrel, and the revenue be used to help relieve the burden of rising prices on working people, according to his campaign.

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