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Old 12-20-2010, 05:34 AM
 
Location: Orlando
8,221 posts, read 10,949,170 times
Reputation: 4022

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Don't
forget that taxes on that gas amount to a great deal of the price... that the government does control.

They don't control the companies that find it essential to make $45B in profits. Capitalism is great isn't it?

If you want to control the price of gas. buy electric cars. eliminate the demand for gas and you will see the price plummet.. Then you won't have a need to drill off our shores. and we also won't send $70B monthly to the middle east.

Some will ask. how do we generate the extra electricity... wind, solar, bloomboxes,. They can and will work. we don't need to burn coal, oil , biodeiesel or nukes.
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Old 12-20-2010, 05:48 AM
 
Location: Londonderry, NH
41,505 posts, read 49,557,510 times
Reputation: 24548
Gasoline prices around here have jumped 10% in the last few weeks to take advantage of the winter driving season. ALL the prices have gone up about the same amount. Whatever happened to price competition? Who controls the price of gasoline on the wholesale level? Why are they allowed to collude and fix prices? Is this legal?
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Old 12-20-2010, 07:29 AM
 
Location: NJ
240 posts, read 386,134 times
Reputation: 89
Quote:
Originally Posted by NHartphotog View Post
Yes, but the amount of taxes that all levels of government place on gasoline means that they could easily cut the price in half, simply by suspending the taxes.

Government can always cut our taxes and therefore most efficiently allow our money to stay in our pockets to be spent. But being the insatiable crooks that they are, they think every penny each American earns is actually their money. Which is why they call it a "cost" to give a tax cut. They think our money is theirs. And they want to spend--I mean waste--infinite amounts.

Of course, when you think about it, the FED is running the printing presses 24/7 (monetizing the debt by devaluing the dollar) and politicians simply spend money they don't have (deficit spending and national debt). Every year they confiscate two trillion or so from us, then they spend three and a half trillion.

So why not just halt tax collection entirely, save all that money on the IRS Nazis, and let us spend our money in the economy? And let them run the entire government on printed money and borrowed money? Sounds silly, but our leaders have been running the entire nation on this house of cards shell game for years. We all know there's no way to pay the national debt. We know they are simply going to make the dollar worth nothing, and keep interest rates near zero, so anyone who wants to retire can just forget about it. They wiped out the housing market, they wiped out our 401Ks, they took away pensions, they even took away the lousy wage-slave jobs that were a pathetic deal for our generation. And of course they stole the Social Security Trust Fund, so we can't have that pitiful amount either.

Hopefully some of those pension-rich fatcats who are already retired will let us take out their garbage for a bite of food when we're in our 70s. Of course their Social Security annual increases will be fully protected, as our retirement age is pushed into the late 70s. After all, government made "promises" to them.

Too bad nobody keeps the promises made to my generation.
I don't think I have a read a more intelligent and better written post in a long time! Thank you for making your points in such a clear manner! I couldn't agree with you more!!
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Old 12-20-2010, 07:30 AM
 
Location: NJ
240 posts, read 386,134 times
Reputation: 89
We do control the price of wheat don't we? Other countries buy wheat from us that we in turn buy oil from don't they? So why can't we negotiate the price of a barrel of oil down?? We want to drive and peple in other countries want to eat right???
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Old 12-20-2010, 07:33 AM
 
5,767 posts, read 10,027,624 times
Reputation: 3809
Quote:
So why can't we negotiate the price of a barrel of oil down??
You'd have to convince BP, Exxon, and the other major oil companies to accept such a deal. What's in it for them?
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Old 12-20-2010, 07:47 AM
 
22,770 posts, read 25,192,517 times
Reputation: 14506
there is a reason that we have markets.

if we subsidize or nationalize the oil industry in order to lower prices, it will no longer be profitable for anyone to offer an alternative to oil. high energy prices encourage the development of new energy technologies. you'd stunt the growth of your high-tech alternative energies like wind, solar, nuclear, electric cars, etc..

this policy would be fine and dandy until we started to run short on domestic oil , and all hell would break loose.

Last edited by le roi; 12-20-2010 at 07:57 AM..
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Old 12-20-2010, 09:02 AM
 
3,337 posts, read 2,482,864 times
Reputation: 921
Quote:
Originally Posted by le roi View Post
there is a reason that we have markets.

if we subsidize or nationalize the oil industry in order to lower prices, it will no longer be profitable for anyone to offer an alternative to oil. high energy prices encourage the development of new energy technologies. you'd stunt the growth of your high-tech alternative energies like wind, solar, nuclear, electric cars, etc..

this policy would be fine and dandy until we started to run short on domestic oil , and all hell would break loose.
The oil industry is radically subsidized.
Exploration
Tech R&D
Wars
Even the wheat, herbicides, pesticides, fertilizers... alll made with oil and subsidized by the USDA
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Old 12-20-2010, 09:18 AM
 
22,770 posts, read 25,192,517 times
Reputation: 14506
Quote:
Originally Posted by modeerf View Post
The oil industry is radically subsidized.
Exploration
Tech R&D
Wars
Even the wheat, herbicides, pesticides, fertilizers... alll made with oil and subsidized by the USDA

I realize this, but that all occurs within a market economy. The OP is talking about switching to a command economy like the Soviet Union.
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Old 12-20-2010, 09:33 AM
 
2,515 posts, read 1,656,916 times
Reputation: 362
Quote:
Originally Posted by csjones1973 View Post
I pose a simple theory. Get back to getting money into the pockets of everyone at little cost to the government.

No this is not a word problem in your local high school math class but it should be.

If you figure the average tank of gas runs $40 and the average American uses 2 tanks of gas per week (I know probably more, don't want to confuse those using government math) The average American earns 32k per year. 52x80= 4360

4360 is 13% of 32k. Simply cut the price of gas in half that would still leave us above what we should be paying for gas and you put 6.5% of someones annual income or $2,180 per house hold back into the economy. Holy Crap thats what I call a stimulus package.

My question is WHY IN THE HELL HAVE WE FORGOTTEN THIS!!!!!
Because the people that are raising the prices are looking at the much profit for themselves.
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Old 12-20-2010, 09:41 AM
 
22,770 posts, read 25,192,517 times
Reputation: 14506
Quote:
Originally Posted by newonecoming2 View Post
Because the people that are raising the prices are looking at the much profit for themselves.

because you're ENTITLED to that gasoline, right?
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