Is there a way to cap the amount of money oil companies make with gas/oil?

Is there a way (pass a law or something) to limit the amount of money gas companies make on oil?
Is there a way to cap the amount of money oil companies make with gas/oil?
Congress can pass a windfall profits tax but Bush will not sign it. A price cap can be counter productive but congress would have to pass it and Bush would still veto it. You would need a two thirds majority to override the veto which would mean a good number of the replublican party, which gets much of their campaign contributions from oil, would have to vote for it.
Is there a way to cap the amount of money oil companies make with gas/oil?
Only the government can do this via taxes, and the republicans just kicked out a tax bill, today!





check the link at : http://www.marketwatch.com/news/story/re...





WASHINGTON (MarketWatch) -- A proposal to tax the windfall profits earned by oil companies was defeated Tuesday by Senate Republicans on a procedural vote. Democrats failed on a 51-43 vote to get the 60 votes needed to end the Republican filibuster of the energy bill. Republicans said a windfall-profits tax would discourage production, but Democrats said investment in new production or new technologies would not be taxed. End of Story





If we were were not so lazy, we might just have enough people to go out and protest!