Friday, May 06, 2005

Hatch aims to lower gas prices :: The Daily Herald, Provo Utah

Orrin Hatch announced yesterday his plan to lower gas prices in the longterm by encouraging increased production at oil refineries. I, for one, don't buy his sales pitch. How does giving refineries tax breaks lower the price of gas? We still have to import the crude, and pay whatever OPEC wants for it. We still depend on foreign oil.
"Hatch's plan would focus mostly on encouraging investment in increasing
production at existing refineries, although it doesn't exclude the
building of new plants."
Hatch aims to lower gas prices :: The Daily Herald, Provo Utah

6 comments:

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