|
|
|
|
Gas Prices
The candidates agree that consumers need help with sky-high fuel bills, but they have different plans for offering relief.
· Repeal the 54-cents-a-gallon tariff on imported ethanol.· Eliminate a current tax break for oil companies, but lower corporate taxes across the board.
"The effect [of a gas tax holiday] will be an immediate economic stimulus -- taking a few dollars off the price of a tank of gas every time a family, a farmer, or trucker stops to fill up." -- McCain*
· Keep gas tax in place.· Keep ethanol tariff to protect domestic industry.
· Tax oil profits and use the money to help fund $1,000 rebate checks for consumers hit by high energy costs..
· Eliminate oil and gas loopholes.
"I realize that gimmicks like the gas tax holiday and offshore drilling might poll well these days. But I'm not running for president to do what polls well..." -- Obama**
NEXT: Driving
Last updated October 29 2008: 12:15 PM ET
RSSSource:
*April 15, 2008, Speech, Pittsburgh, Pa.
* *June 24, 2008, Speech, Las Vegas, Nev.
*April 15, 2008, Speech, Pittsburgh, Pa.
* *June 24, 2008, Speech, Las Vegas, Nev.
© 2009 Cable News Network. A Time Warner Company. All Rights Reserved.
Terms under which this service is provided to you. Privacy Policy
Live Quotes automatically refresh, but individual equities are delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET.
* : Time reflects local markets trading time. † - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Disclaimer
* : Time reflects local markets trading time. † - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Disclaimer
| Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use. Intraday data is at least 20-minutes delayed. All times are ET. Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data. Fundamental data provided by Morningstar, Inc.. SEC Filings data provided by Edgar Online Inc.. Earnings data provided by FactSet CallStreet, LLC. |
