Tag Archive: Cheap Oil Arrives So Democrat Rep Wants to Boost Fuel Taxes

on December 6, 2014 in World News

Cheap Oil Arrives So Democrat Rep Wants to Boost Fuel Taxes

Cheap Oil Arrives So Democrat Rep Wants to Boost Fuel Taxes Gasoline prices are in free fall. And after last week’s OPEC decision to keep pumping oil at the same rate despite a growing international glut, they’re only going to go lower in the weeks ahead. At the end of July, the average price of a gallon of gas was $3.50, about what it’s been for several years. By Thanksgiving, though, the average price was $2.78 and falling fast, almost day by day. This is similar to a massive tax cut, and it will mostly benefit working class Americans. If… View Article

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