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The EPA's agenda to save the world from global warming with ethanol mandates, is causing food and gas pump prices to soar, but don't bother asking why they would do this "during the worst economy since the Great Depression" because Obama and his EPA could give a rat's ass about you and me, and what this is doing to blow up our household budgets.
Some people think the answer is to mandate even more ethanol production to offset higher oil prices, which will only acerbate things and prices to go up further.
The Renewable Fuel Standard (RFS) sets annual mandates for renewable transportation fuels sold or introduced into commerce in the United States. The current RFSsets mandates through 2022. The Renewable Identification Number (RIN) system was created by the U.S. Environmental Protection Agency to facilitate compliance with the RFS.
Back in April we showed "Why RINs Could Be 2013's 4-Letter Word For Gas Prices." Now that that gas prices have soared to their highs just in time for summer driving season and are about to take out the 2011 all time summer highs, it is time to look back at what the RIN chart is showing. In a nutshell, nothing good, if only for that statistically irrelevant sampling of the population that relies on internal combustion engines to get from Point A to Point B (after all, the Fed says gas prices are non-core, and why would the Fed lie: obviously Joe Sixpack buys a $5,000 hedonically-adjusted 80 inch LCD TV far more often than he has to hit the pump).
The EPA's agenda to save the world from global warming with ethanol mandates, is causing food and gas pump prices to soar,
The premise in your very first sentence is wrong. Food and gas prices are not soaring. So your claim that RINS and RFS and RTFMAOS are causing price increases is wrong.
I take issue with the claim that gasoline in the US is expensive. Or why someone is obliged to see to it that it isn't, for that matter. Wah! Mommy! The price of gas makes me sad! Change it!
I take issue with the claim that gasoline in the US is expensive. Or why someone is obliged to see to it that it isn't, for that matter. Wah! Mommy! The price of gas makes me sad! Change it!
Regardless of whether you think gas is expensive or not, our food and gas prices are higher than they would normally be due to a mandate that exists to benefit certain members of congress and their big ag cronies.
The EPA's agenda to save the world from global warming with ethanol mandates, is causing food and gas pump prices to soar, but don't bother asking why they would do this "during the worst economy since the Great Depression" because Obama and his EPA could give a rat's ass about you and me, and what this is doing to blow up our household budgets.
Some people think the answer is to mandate even more ethanol production to offset higher oil prices, which will only acerbate things and prices to go up further.
The Renewable Fuel Standard (RFS) sets annual mandates for renewable transportation fuels sold or introduced into commerce in the United States. The current RFSsets mandates through 2022. The Renewable Identification Number (RIN) system was created by the U.S. Environmental Protection Agency to facilitate compliance with the RFS.
Back in April we showed "Why RINs Could Be 2013's 4-Letter Word For Gas Prices." Now that that gas prices have soared to their highs just in time for summer driving season and are about to take out the 2011 all time summer highs, it is time to look back at what the RIN chart is showing. In a nutshell, nothing good, if only for that statistically irrelevant sampling of the population that relies on internal combustion engines to get from Point A to Point B (after all, the Fed says gas prices are non-core, and why would the Fed lie: obviously Joe Sixpack buys a $5,000 hedonically-adjusted 80 inch LCD TV far more often than he has to hit the pump).
Oil corporations are making near record profits. Could this be a cause of high gas prices?
But since republicans will not raise taxes on large corporations and use that money to give regular Americans relief, and since republicans are against any regulation on what oil corporations can charge for gas, I guess republicans are forced to blame Obama and the EPA.
The EPA's agenda to save the world from global warming with ethanol mandates, is causing food and gas pump prices to soar, but don't bother asking why they would do this "during the worst economy since the Great Depression" because Obama and his EPA could give a rat's ass about you and me, and what this is doing to blow up our household budgets.
Some people think the answer is to mandate even more ethanol production to offset higher oil prices, which will only acerbate things and prices to go up further.
The Renewable Fuel Standard (RFS) sets annual mandates for renewable transportation fuels sold or introduced into commerce in the United States. The current RFSsets mandates through 2022. The Renewable Identification Number (RIN) system was created by the U.S. Environmental Protection Agency to facilitate compliance with the RFS.
Back in April we showed "Why RINs Could Be 2013's 4-Letter Word For Gas Prices." Now that that gas prices have soared to their highs just in time for summer driving season and are about to take out the 2011 all time summer highs, it is time to look back at what the RIN chart is showing. In a nutshell, nothing good, if only for that statistically irrelevant sampling of the population that relies on internal combustion engines to get from Point A to Point B (after all, the Fed says gas prices are non-core, and why would the Fed lie: obviously Joe Sixpack buys a $5,000 hedonically-adjusted 80 inch LCD TV far more often than he has to hit the pump).
The chart in question:
In 2011, Exxon paid just 13 percent in taxes, while many small businesses are paying over 30%.
Why not make Exxon pay over 30% like small businesses have to pay, and then that money could be used to give regular Americans some kind of relief?
Answer: Republicans won't do that because it would be "income redistribution."
In 2011, Exxon paid just 13 percent in taxes, while many small businesses are paying over 30%.
Why not make Exxon pay over 30% like small businesses have to pay, and then that money could be used to give regular Americans some kind of relief?
Answer: Republicans won't do that because it would be "income redistribution."
Why not lower the tax burden on small business instead of raising it on exxon et al. to gift the federal government with more of our hard earned money?
Anyway, its we regular american consumers who pay Exxon's taxes at the pump, so don't pull our leg that raising them will give us some relief.
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