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October 31, 2006
7 days
One week from today, we are being asked to vote. The stakes are high. 13 propositions, totaling close to $50 billion dollars, governor, senator and a variety of state and local offices.
Unless you are 100% satisfied with every aspect of life in California, find a few minutes and let your voice be heard.
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The $0.51 per gal. corporate welfare to the oil refiners for adding 5.6% ethanol to California gas is about $500,000,000.00 per year.
The ethanol may add over $1.00 per gal. to the gas profit in California.
That may be about $100 billion in oil profit from California motorists.
The science is interesting but so is the money.
A $4 billion Prop. 87 oil tax may add $40 billion in oil profit.
Charlie Peters
Posted by: Charlie Peters at November 5, 2006 12:54 PM(510) 537-1796
Clean Air Performance Professionals