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To: John Pitera who wrote (101793)5/30/2008 3:49:13 AM
From: elmatador  Read Replies (1) | Respond to of 206093
 
European countries milked oil for taxes. Now need to cut taxes to cheapen fuel. Prime Minister Gordon Brown of Britain, a major opponent of the Sarkozy proposal, warned that the world was facing an oil shock. His solution was to persuade governments around the world to take coordinated global action to mitigate price increases.

Cut taxes? No!!!

Irate Europeans Protest the Soaring Price of Gasoline
In London, for instance, expectations of government tax cuts are high. Julian Popa, the manager of a hauling company, said he had not yet raised the prices he charges customers because “we’re waiting for the government to do something like reducing the levy or subsidize” oil.
nytimes.com