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Tuesday, May 17, 2011

Little Maryland Can Do To Fight Gas Prices: AG

Maryland's attorney general is inquiring why gas prices were jacked up last week, but there's little he can do to bring them down.

U.S. Sen. Benjamin Cardin (D-Md.) wants passage of legislation that would end $4 billion a year in subsidies and tax breaks for the five biggest oil companies in the U.S. He and Maryland Attorney General Douglas Gansler are looking for ways to protect Maryland consumers from high gas prices.

Prices were jacked up 25 cents per gallon at some stations last week. They had rolled back a dime at some stations in Maryland Monday, but few Maryland motorists notice any relief at the pump.

As the owner of an SUV filled her tank with diesel Monday, she exclaimed, "$99! That's even high for me."

4 comments:

Anonymous said...

We shouldn't be subsidizing large coorporations period! Lower corporate taxes, cut taxes on long-term investments and implement smart regulation that protects the public but doesn't hinder growth. But stop subsidizing companies making money hand over fist

ranger3325 said...

10:51 in your theory of thinking we should stop subsidizing all of the companies that produce so called "GREEN "products since they recieve far more per dollar than the evil oil companies do and most of their products are all hype and lets not forget the federal and state goverments who make more off a gallon of gas than the tyranical oil companies

Anonymous said...

The prices are manipulated by the Bankers

Anonymous said...

Obama is throwing another party at the White House to celebrate the decling of the Country...