Comments on: UPDATE: Saudis agree with McCain: Cut gasoline taxes! http://climateprogress.org/2008/06/15/saudi-king-agrees-with-mccain-cut-gasoline-taxes/ The Latest on Climate Science, Solutions, and Politics Sun, 21 Mar 2010 19:27:37 -0400 http://wordpress.org/?v=2.8.5 hourly 1 By: paulm http://climateprogress.org/2008/06/15/saudi-king-agrees-with-mccain-cut-gasoline-taxes/#comment-14518 paulm Mon, 16 Jun 2008 05:34:09 +0000 http://climateprogress.org/2008/06/15/saudi-king-agrees-with-mccain-cut-gasoline-taxes/#comment-14518 It doesn't matter now what happens with oil production, the price is always going to stay high and keep going up due to speculation and peek. Once the price starts to fall investors will buy knowing it will be going up anyway. It doesn’t matter now what happens with oil production, the price is always going to stay high and keep going up due to speculation and peek. Once the price starts to fall investors will buy knowing it will be going up anyway.

]]> By: John Mashey http://climateprogress.org/2008/06/15/saudi-king-agrees-with-mccain-cut-gasoline-taxes/#comment-14517 John Mashey Mon, 16 Jun 2008 05:33:27 +0000 http://climateprogress.org/2008/06/15/saudi-king-agrees-with-mccain-cut-gasoline-taxes/#comment-14517 Minor niggle: "As I have previously noted, the only ones who benefit from the *gas tax* are the oil companies and the petroleum producers." I think you meant "gas tax holiday" or gas tax reduction. Minor niggle:

“As I have previously noted, the only ones who benefit from the *gas tax* are the oil companies and the petroleum producers.”

I think you meant “gas tax holiday” or gas tax reduction.

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