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View Full Version : What can our government do to lower the price of gas in the US?



Joeychgo
04-25-2006, 06:29 AM
What can our government do to lower the price of gas in the US?

Why isnt any of it being done? There has been seemingly no action in this area. While watching Bill O Reilly the last few days, he seems to want to blame it all on the oil companies, but I dont buy that they are the only ones to blame. (although they could clearly do more to improve the situation)

Gasbuddy is reporting a National average today of $2.90 a gallon.

If I recall, about 20% of that is State and Federal taxes.


Why cant the taxes be reduced, capped, or suspended?

Why cant we take a policy to drill anywhere and everywhere we can for oil?

Why cant we make some kind of private trade agreement with non OPEC nations to avoid using arab oil, thus crashing their markets and reducing the profits from which terrorism gains its funding?
Just a few points to debate.

Noppid
04-25-2006, 06:31 AM
The avaerage tax per state on a gallon of gas, state and federal, averages 42 cents. But I bet they lies to us about that and it's actually more. I don't have the exact data.

Drilling for oil does not make gas. Part of the problem is we don't have enough refineries. If you try to build one, you get the not in my backyard people blocking it. Now republicans are quick to blame tree hugging democrates for stopping the building of refineries. But I don't see any of them saying they would have it in their backyard. More rhetoric from the republicans. I have come to hate the "R" on my voting card. I feel betrayed.

Joeychgo
04-25-2006, 12:02 PM
The avaerage tax per state on a gallon of gas, state and federal, averages 42 cents. But I bet they lies to us about that and it's actually more. I don't have the exact data.

those are the direct taxes. Now add in the taxes on oil company profits, taxes per tanker load, taxes on refinaries, taxes on transportation trucks, etc etc

Brandon Sheley
04-25-2006, 10:31 PM
surely something could be done..

didn't a head CEO just get a retirement package for 400 mil ? must have done well on his 401K ..lol

actually here is headline

Howard Gensler | ExxonMobil chief retires $400M richer

Peggy
04-26-2006, 05:27 AM
that's sickening