Middle east unrest spooks world oil marketplace. Oil prices bid higher. Higher oil prices are inflationary.
The $100 a barrel crude oil hasn't gotten to the refinery, let alone to the gas
station on the corner yet, when it does, gasoline could hit $4 a gallon. Will result in another tax on the American people and is going to hurt our economic recovery.
They make it more expensive to drive, to buy an airplane ticket and to manufacture anything from air conditioners to zippers.
Oil is used in many products and services: Air and auto travel, transportation costs, chemical production,the manufacture of airplanes, buildings, cars, clothing, detergent, insulation, packaging, paint, plastic, toothbrushes, toothpaste, and more...
Click Here to view everyday products using oil.
I thank our Federal Government for bending over for the fossil fuel industry-especially during the George W. Bush years when Dick Cheney held private meetings with industry executives. Our tax policy toward this industry must change, speak out NOW!
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