Monday, April 28, 2008

Politicians criticize industry for lining their pockets amid record-high prices

Executives from the world's five largest publicly traded oil companies had to answer to Congress in April, for taking tax subsidies while ignoring investing in renewable resources amid record prices for oil and gasoline.
Learn how to reduce what you pay at the pump... legally!

"Last year these companies alone made over $123 billion in profit," complained Ed Markey, D-Mass, chairman of the House Select Committee on Energy Independence and Global Warming. "What is the oil industry doing with all this profit?"

Lawmakers admonished executives from Exxon Mobil, Royal Dutch Shell, BP, Chevron, and ConocoPhillips for their opposition to eliminating about $18 billion in tax breaks over a ten year period during record profits for their industry.

"Americans are hoping that the top executives from the five largest oil companies will tell us that these soaring gas prices are just part of some elaborate hoax," said Markey. "Unfortunately, it's not a joke."

So what is the average working-Joe to do? While more and more people are working from home these days, for many that is just not an option.

Now Discover is working with gas consumers to help ease what they are paying at the gas pump, with a "cashback for gas" credit card.

Learn more about the Discover CashBack for Gas Program now.




Sunday, April 27, 2008

Are you SICK of High Gas Prices??

I am sick and tired of lining oil company executives' pockets with my heard-earned money.
So I found a way to beat the system!

I found the Discover
® OpenRoad (SM) Card that offers money back on all gas purchases made with the card!
If you aren't using a cashback credit card to purchase your gas, you are wasting hundreds of dollars a year. This a BIG mistake. Let me explain...

Cashback credit cards are regular credit cards that give you a higher percentage cashback (up to 10%) when you make a purchase at a gas station.

If you don't pay with a cashback credit card, it's like "tipping" the gas station. Why pad their wallets when you can pad your own?

Remember when gas stations used to charge a lower price for cash purchases versus credit card purchases? How come they don't do that anymore? They simply raised the cash price to the credit card price. They pocket the difference.

My favorite gas rebate credit card is the Discover® Open Road (SM) Card
Here's what you get:

Discover Open Road

5%
Cashback Bonus® on gas and auto maintenance purchases.
Increase your reward up to 20%
Cashback Bonus® at top online retailers*.
Get Up to 1% Cashback Bonus on all other purchases.
0% Intro APR for 6 months on Purchases, 12 months on Balance Transfers.

And best of all, there is no annual fee!
Save Money on high gas prices now!