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85 comments on What should OPEC do?

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Euan Mearns on December 11, 2008 - 6:20pm Permalink | Subthread | Parent | Comments top

Steve - I agree entirely but wonder if you don't mean that USA should raise taxes towards parity with Europe and Japan. It is a no-brainer, reduce consumption / imports and improve trade and budget deficits at the same time. Legislation on ensuring that efficiency gains get delivered as better consumption and not heavier vehicles is also required.

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steve from Virginia on December 11, 2008 - 11:30pm Permalink | Subthread | Parent | Comments top

Euan, if the United States government raised taxes on gasoline by fifteen cents a gallon, I would take a crap in my pants!

Obama quietly shelved the oil- profits tax last week ... BAM!! BAM!! BAM!! (Head against wall ... )

http://www.reuters.com/article/vcCandidateFeed2/idUSTRE4B206W20081203

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85 comments on What should OPEC do?

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