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Assemblyman
Phil Ramos
Working to reduce gas prices and taking aim at Big Oil
“Exxon Mobil posted the largest annual profit by a
U.S. company— $40.6 billion—in 2007.”

Newsday, May 27, 2008

“Exxon Mobil earned more than $1,287 of profit
for every second of 2007.”

New York Times, February 1, 2008



“High gas prices are forcing many hardworking families to run on empty. I won’t rest until New Yorkers see real relief at the pump—and Big Oil stops pick-pocketing our hard-earned dollars.”

—Assemblyman Phil Ramos

Working to lower gas prices

The Bush administration has continually failed to enact a sensible energy policy that will reduce gas prices and utility rates for working families, instead allowing their Big Oil buddies to rake in record profits. Assemblyman Phil Ramos has taken action to ease the pain. In 2006, Ramos sponsored a law capping the gas tax—but consumers never saw the savings. Ramos:

Oil Drop Worked to reject an increase in the gas tax
proposed in this year’s state budget

Oil Drop

Supports legislation to permanently eliminate
the state sales tax on gas (A.1367)

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Supported legislation to increase competition by
allowing the sale of non-brand name gasoline
(A.9073, passed both houses, awaits governor’s signature)

Holding Big Oil accountable

Big Oil continues to post record-high profits, taking in billions of dollars and draining the pockets of hardworking families. Ramos is pushing legislation to hold Big Oil accountable.

The legislation would:

Oil Drop Enact a windfall-profits tax and a recapture tax on big oil companies to take back our hard-earned dollars (A.11590, passed the Assembly)

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Impose a two percent gross-receipts tax on very large oil companies that sell their products in New York State

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Prohibit large oil companies from passing along the additional costs to customers through increases in their price

Addressing expected spike of home heating costs this winter

The cost to heat our homes will reach record-high levels this year. Phil Ramos is pushing measures to ease the burden before winter sets in. He is fighting to:

Oil Drop Enhance the Home Energy Assistance Program (HEAP) with the revenue from the windfall-profits tax on Big Oil, expanding eligibility and increasing aid (A.11590, passed the Assembly)

Oil Drop

Create a $1,000 tax deduction for heating oil, natural gas and propane used for heat during the winter months (A.11131-A)
Assemblyman Phil Ramos
1010 Suffolk Ave. • Brentwood, NY 11717 • 435-3214 •

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