This will probably have no effect on gas prices.
http://www.washingtonpost.com/wp-dyn...nav=rss_nation
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This will probably have no effect on gas prices.
http://www.washingtonpost.com/wp-dyn...nav=rss_nation
The SPR is a very cool storage idea... "uh let's dig a big hole" :wink:
Do you think the probe will point straight back at Bush's policies as the primary reason?
Here's why prices are so high:
1. War in Iraq. Bush's fault.
2. Instability in Iran. They're afraid Bush will invade them too. Bush's fault.
3. Bush has buddies in high places in the oil industry.
4. Bush is buddies with the UAE.
5. Increased demand from China and India. Suddenly they're driving cars instead of bikes. Guess why... because Bush encouraged all the big companies to send our jobs over there.
6. Katrina/Rita. This explains last fall's spike, but it doesn't really hold water now. Bush will undoubtedly use this as an excuse.
7. Corporate greed. The real reason. Bush's policies pander to the greedy corporations.
That's all I'll say. If we had someone competent in the White House, who doesn't sleep with big oil, we'd be complaining about $1.85 gas prices about now...
The fact that Curious George even has to launch a probe is humorous to me. Everyone knows why the gas prices are high--OPEC is putting the squeeze on the U.S., the oil companies are jacking their prices up to astronomic levels when they really only need to be in the stratosphere to turn a profit, and Americans, well, we need the oil, so we pay.
If Bush was serious about making things right, he'd say, "Here's $10 billion. This goes into government grants for people not associated with any oil company who are looking to create a viable alternative fuel source." Then we might see something get done.
But we won't, because Bush is too buddy-buddy with the big oil companies to let their profits be hurt.
But:Quote:
Originally Posted by bcorby
A : there is no money lying around in the US government
B : They already pay huge sums to find "alternative energy"...
X2. GOD it's a good thing Brent V is gone. :lol: :lol:Quote:
Originally Posted by kpatz
x3Quote:
Originally Posted by kpatz
X2.Quote:
Originally Posted by bcorby
I will be surprised if they find anything, its just yet another move to appease the constituents.
I believe that Bush was not the one that started this investigation, I believe it was other representatives, Bush just gave his endorsement.
Did you know that the federal goverment charges an extra surcharge on E85 ethanol gasoline, in reality is should be much cheaper, guess someone does not want ethanol gas to compete in the market place. :roll:
I am not suprised at all about the $hit the bastards we call our ****ing goverment does. Want to read a good book? Behold a pale horse. Written by a Ex CIA Officer who said the government introduced crack into the black communities, rumors of them starting the AIDS virus there. Very interesting book.
I voted for bush. All I can say is this 5 years to late. :roll:
Is that you Ben from signalsweepers? Mk
Corporate greed is the only reason gas prices are high. Everything else is an excuse for the corporations to raise gas prices. They hit record breaking profits last year and are going to break it again this year. All it would take for gas prices to go down is everyone stop buying gas from EXxon and Mobil. The two biggest gas companies in the world. they would have to lower their prices and in turn everyone would follow. OR go with the: don't buy gas for 3 days meathod.Quote:
Originally Posted by kpatz
The dont buy gas methode for 3 days is not going to work, or either the email that tells everone to don't buy gas on so and so days. Logicaly, people will prefill up the day before, and after 3 days everyone will rush to go buy the same gas that they did not buy the day s before, gas companies are still going to make money.
NOW if all of a sudden everyone got up and rode the bus or walked or biked or carpooled etc etc etc and did not go t othe mall or any other waste full trips, now that will send a shock wave through the economy and there will be BIGGER special interest groups BIGGER than the oil companies to tell the government to knock this shyt off!
MObil/Exxon, even if you boycotted just those two will only make the other happy, its not enough pressure, we need leaders such as mayors, govenors, to make demand that our president will not make. In essence stop waiting the president to do something we all need to do it ourselves, sure it would be easier if the president would do it, thats what a leader is suppose to be there for, but if he does not feel that he should be budding into those kind of affairs... our nations dependency on another foriegn nation... and just saying that we are addicted to oil and there is nothing for us to do... there is lots we can do and if the president will not make changes then I guess our other city state leaders can, as like some other cities and states that have started to take an initiative.
Building codes, requireing buidings to be energy effiecient, just saw another show, and they showed a real building and has a varity of eco modifications and the utility bills are HALF, a buisness such as a pizza shop uses the heat from the oven to heat the water heater, for over one year since they have been open they have never needed to turn on the electic hot water heater! There are so many things.
Here's why prices are so high:
You guys are Killing ME
1. War in Iraq. Bush's fault.
Not really. Didn't some guy there kill a few million of his own people, set his peoples oil wells on fire, pay $20k per suicide bomber, have nastly weapons that kill people by the hundreds if not thousands of people at a time, doesn't this guy have miles of underground tunnels and hundreds of hidden bunkers, wasn't he working with the Russians in the late 90's (1996-98+) on where and how to hide his little boxes of tricks doesn't some of his own staff state some of this crap is in Syria, I'll stop now.
Not Bushes fault - some arse sitting on billions of oil who didn't give a sheet about his own people.
2. Instability in Iran. They're afraid Bush will invade them too. Bush's fault.
Doesn't their leader want to wipe Israel off the face of the plannet, didn't they go to war with the neighbors (pick one) in the last 20years, didn't he say he'd ship the crap over here and cause a nice mess....there's plenty more here.
3. Bush has buddies in high places in the oil industry.
And your point is?
Kerry knew people in high plases on the tomato industry - so I guess we'd be SOL if we wanted Catsup w/ our freedom fries?
4. Bush is buddies with the UAE.
Don't think they are buddies. I may be a good idea to have some friends over in the gulf.
5. Increased demand from China and India. Suddenly they're driving cars instead of bikes. Guess why... because Bush encouraged all the big companies to send our jobs over there.
Partial credit - China is a powerhouse and don't they like to buy oil from, oh who is it, oh yeah Iran and those former commies like Iranian crude too.
6. Katrina/Rita. This explains last fall's spike, but it doesn't really hold water now. Bush will undoubtedly use this as an excuse.
Too bad we havent had a refinery built in 28 years. That GW's fault too I guess. Too bad another presidential dude permenanetly close some more of OUR land to exploriation just after signing a deal with some other freak down in that really skinny country, but that was about 10-12 years ago, wasn't that rapist dude in office then? Doesn't hold water - most of those platforms aren't up and running either is much of the refineries. Any who decided to have all these gas formulas anyway? 87-89-93-94 w/ ethanol with this, with that, with something else. Maybe this has something to do with shortages, you know they gas you buy is different than mine which is different than what I can buy at the station 3 exits eith way on the highway.....
continued...
7. Corporate greed. The real reason. Bush's policies pander to the greedy corporations.
Profits=greed I guess? Ever hear of inventory profits? Like this, oil is $40 a barrel and you have 100 million barrels in inventory, could be on the ship, in a pipeleing, in production, somewhere. SO now oil goes up to
That's all I'll say. If we had someone competent in the White House, who doesn't sleep with big oil, we'd be complaining about $1.85 gas prices about now... :
continued..
7. Corporate greed. The real reason. Bush's policies pander to the greedy corporations.
Profits=greed I guess? Ever hear of inventory profits? Like this, oil is $40 a barrel and you have 100 million barrels in inventory, could be on the ship, in a pipeleing, in production, somewhere. SO now oil goes up to $60 a barrel. Well now um, how nuch do you sell what you have in inventory for? We'l if you want to buy oil later, you better sell it at the going rate. WHOLLY CRAP, you just made, 2 bbbbillion dollars. Hasn't the dollar gone sucky in the last 15 years....it was $1 USD was 1.2 euro...now its about $1 USD is .8 Euro...
that's like a 50% swing....hmmm hasn't oil had a similar swing...
Didn't Bush raise Cafe standards by exec order and not going through congress?
That's all I'll say.
Thanks, i already left a sea of typos.
If we had someone competent in the White House, who doesn't sleep with big oil, we'd be complaining about $1.85 gas prices about now... :
Better to have one that sleeps with interns and gets off watching them put stogies in the porschies.
FYI, the Gov't makes as much as $0.60 a gallon for doing nothing. Our enviro neo-commie whackos thought more tax = less use, uh they were, are and always will be wrong. They the same folks that thought all these different fuel formulas would be good for the environment, maybe, but wy not just have everyone burn the good stuff so we wouldn't have this shortage due to lack of production capabilities. What about all this saftey junk that adds 500-1000 pounds onto our cars? Takes a bit to haul that crap around all the time.
Public companies don't make profits, they make their stock go up and pay dividens to YOU.
There is no such thing a price gouging - move on to the next pump...
Light em' up kids...
Um no.
The problem in Iraq was the "Gulf War Mk II" started by Dubya has basically shut down oil production in Iraq, and also has made it's pipelines, refineries and production centres key targets for attack.
Previous to this the country was very stable.
This makes people speculate because they are "worried". Higher gas prices.
Iran - Iran keeps shaking it's scare stick, perhaps to make more speculation, raise prices and make more profits for itself, AND stick it to the West all in one. I don't think the Ayatollahs are smart enough for that...
Not true at all. While the total amount of oil being produced in Iraq is slightly below the max production under uncle Sadam it is still very high.Quote:
Originally Posted by SmaartAasSaabr
Some of you guys and girls need to spend a little time understanding commodities markets which is what both the crude oil market and the gasoline market are. Very small differentials between demand and supply, whether real or just perceived as real, create very large price swings. This true of every commodity be it oil, coffee, coca beans, gasoline etc.
If this country's environmental wackos and their brain dead political allies had not effectively eliminated any new oil exploration in Alaska, or off the U.S. coasts and effectively made it impossible to build new refinery capacity, we probably wouldn't be in the tight market we are now in. Into this mix you can throw the other great fiasco being currently pushed i.e. using corn to make ethanol as a substitute for gasoline. If you desire a fuel which uses more energy to produce than it provides, requires twice the volume to get the same range, causes severe corrosion in your fuel system and makes it almost impossible to get your car started in cold weather go to it. This is not idle speculation. I actually run my race car on alcohol and have used both methanol and ethanol. These fuels have some advantages in race cars where mileage is not a factor and engine cooling is a primary problem. Neither of these attributes have anything to do with street cars.
BTW the idea that so called "big oil" sets the day to day prices on oil or gasoline is flat out wrong. Go look up the commodity daily bid/ask data which is readily available and you will see how the price actually gets set. Anyone can and does bid on contracts. The market is worldwide. If "big oil" can control the price why didn't they do so a few years back when crude was 10 bucks a barrel and they were capping wells because they weren't profitable to operate?
The long and short of all this is the politicians are either stupid or think most Americans are stupid or both. All the BS from both parties about price gouging investigations will not bring one fluid ounce of new oil or gasoline to the market now or in the future. The fact that so many Americans believe this BS is depressing and doesn't speak very highly for the analytical ability of many citizens.
The main core of the price debate is the speculation on the oil itself. There is plenty of oil to go around, but people are worried about the current geopolitical spectrum, where the current President of the United States is one of the main people involved.
It is also dramatically affected by the rise in consumption in China and India.
And also from the lack of new drilling in ANWR.
But -
Note the way the oil prices are going, and note how the cost of gas at the pump has changed.
During the 1973-4 oil crisis oil went up to 50 dollars a barrel. But the price at the pump never touched $1.50 / gal - if you could get the gas itself.
The oil prices go up and down, up and down, but the gasoline cost just goes up, then up more :evil:
Gov't set the price in the USA under Carter Admin during that oil crisis.
I'm Canadian and wasn't around back then but I could swear Nixon was the president during the Arab oil embargo.Quote:
Originally Posted by turbotroll
Anyone else see what the president of Bolivia nationalized all natural gas and energy from the private corporation (sent in the army and took everything over), I laughed my asss off, main purpose is to better the contry which is being screwed by the corporations through back door contracts during previous administrations, the corportation are allowed for renogotiation of contracts, but if they do not agree to something more reasonable the president of Bolivia (next to Brazil for those that need to know) well keep everyhting for himself. All speculation aside, I admire the guts this president has, he said it from day one of his campaign what he was going to do, and the private energy corporations laughed it off, now the jokes on them. :D
Oh man don't tell me that that stupid Bolivian assh0le isn't going to be costing you 2x as much at the pump in a month.
OK ya know, I am from the "developed" First World culture. Now in my culture, we have "contracts". And when we draw up a contract and all parties sign the contract, the contract is valid, and WE ABIDE BY THE TERMS OF THE CONTRACT.
Basically the "President" of Bolivia just went out and said "OK you oil companies, you leave now. Oil fields and all of your property here now belongs to me".
It reminds me of Africa and how frigging screwed up Africa is. You hear about what's going on in Uganda? The president said that all the cars with foreign plates are not paying road tax, so he had them all rounded up. A few Mercedes-Benz here, BMW there, and Land Cruisers. Don't tell me he took friggin UN aid trucks :evil:
I hear you Ron.
Today I heard that we already know of oil reserves in the USA hat are 4x what the Saudis have.
Add fuel from corn, biodiesel and etc. We'll be okay.
Now we just need to get rid of the subsidied to farmers NOT to grow corn and get them to grow it so I can get an Aero and run M85 it for my 300hp Swedish Sled.
Until then I'll work on the 524td to get it on bioD
mmm biopower
It was natural gas... so should be no impact at the pump, at least there is no blame game point the finger that way for the cost of gas, wait and see. The legal argument was made that because the contracts were backdoor and was essentialy illegal without the approval of the government as outlined, that the contracts are null and void. The difference in this "nationalism" is that the president is allowing the companies to make a deal, where as the traditional "nationalized" method just takes everything without regard.
Oh yeah another thing in the news, I hear some poor small country in Africa is/has been practicing genocide of a particular group of people, don't hear Bush jumpng all over that, oh wait thats right there is no oil there. OK thats enough OT, sorry.
True - Africa is just a complete mess.
There is no excuse for what is going on there.
It's not getting much attention because it's "contained" as if that should make any difference.
High oil costs bother you because you let it bother you. You were the one that decided to buy a vehicle that gets less than 23 MPG. As individuals, we all pay for your collective decisions because you guys jack up demand. I average 27 MPG in mixed driving, so I don't care much.
I really dislike Bush, but I agree that most of the given reasons are bunk. This is my more reasonable list for high gas prices:
1. Bush is responsible for the invasion of Iraq. There are worse dictators in Africa, so he didn't invade for humanitarian reasons. He pushed questionable intellegence as though it was solid fact. As we discussed in a Philosophy of Justice class 10 years ago, if you're launching a pre-emptive war, you better be darn certain about your info. The occupation has been poorly handled (not enough ground troops). As a result of insurgency and disorder since the war, oil production in Iraq is below pre-invasion levels.
2. Iran is going nuclear to power their country...which is chalk full of oil (why do they need Nuclear energy then?) It doesn't matter what Bush would do, this would cause confrontation with the AEC and the UN.
3. Nijer Delta instability. Note: Intentionally misspelled so I don't get banned for using a word that also means something terrible. Nigeria, the most corrupt nation on the earth according to most experts, has taken money from Shell in exchange for military assistance in displacing Niger Delta residents and protecting Shell's assetts. Well, after hundreds of deaths, the people have finally stood up to Shell and the government. Now oil productivity is nearing 0 from that region. It looks like good will prevail...until the government sends in massive death squads, then we get our cheaper oil again.
4. Retooling at refineries from MTBE additives to Ethanol. This costs money, which gets passed along to the consumer.
5. China's growing oil demand. In 5 years, this will really hit us hard. For now, it only hits us a little.
6. America's refusal to buy efficient vehicles. We are getting exactly what we deserve. Horrible public policy regarding fuel efficiency standards for SUVs+People buying vehicles without thinking about fuel efficiency = High prices. I don't really care, since my car gets 25-30 MPG, and my girlfriend's car (which we use for roadtrips) gets 29-34 MPG. High fuel costs bother you because you let it bother you when you decided to buy that SUV (instead of an efficient compact car or small sedan for you single folks, instead of an efficient full sized sedan for you married folks, instead of an efficient minivan or station wagon for you married with 2+ kids folks, and for you offroading, heavy towing people, well I understand your choice).
7. Horrible National Energy Policy. Cheney developed the nation's energy policy behind closed doors with coal and oil industry officials. The result is an energy policy that is coal and oil dependant. Hopefully the next president will have the vision to fund alternative energy sources.
Hey Turbotroll, many disagree with your statement about there being a competent guy in the White House. Take the right leaning Economist magazine. Interestingly enough, they addressed him as "The Incompetent" before the last election. 68% of America agrees about his incompetence. Oh, the ballooning national debt doesn't think he's competent, as do the insurgents in Iraq, as does the tax cut instituted during a costly war (first time in American History BTW), and as does the rest of the world. 35,000 dead Iraqi civilians and 2,000+ dead American troops would probably say Bush's strategy in Iraq could have been better.
That doesn't make any sense. If I got 100 MPG and suddenly I was paying twice or more for a gallon of gas I would still be pissed.Quote:
Originally Posted by Studdg
I NEVER said I thought he was competent.
You can't get anyone competent in this 2 party crock.
The best you get the less of two evils.
Right now I can only think of 3 this century that I think were competent.
........
On Iraq:
evil wacko + like to kill people (his own included) + want's to kill others where ever + lots of money = needs to go
........
On Iran:
you don't need enriched uranium to make power
One of their ministers said they had 20 (I think) years of oil left and that’s why they want nuke plants.
........
I get 25 in mixed and 29-31hwy in the old SPG.
"68% of America agrees about his incompetence"
- I don't believe polls
"ballooning national debt"
- congress approves the budget, pres signs it, no line item veto
- the problem had more to do with ( i forget the term) but guaranteed increases in the budget that are near impossible to get rid of
"insurgents in Iraq"
- so the Iraqis really want to be free, but some other non-Iraqi dudes are causing the problem. I'm glad you get that part, most miss that completely
"tax cut instituted during a costly war"
- Gov't revenues are up - check it out
"the rest of the world"
- I really don't give a rats arse about the opinion of rest of the world
they have a different agenda.
"35,000 dead Iraqi civilians and 2,000+ dead American troops"
- how many Iraqis died in the last 15 years from Sadly Insane?
Something well over a million so 7,000 a year vs 60,000 a year (probably MUCH higher) I think that is progress unless you consider 1 American life worth more than 1 Iraqi.
" Bush's strategy in Iraq could have been better"
- absolutely could have been, hindsight is pretty cool
- they thought the oppressed would have risen up against Sadam, didn't
- they completely missed the boat on insurgents (which require different troops)
- they should have sealed the border like the Saudis want to (build a fence on the Iraq border)
"During the 1973-4 oil crisis oil went up to 50 dollars a barrel. But the price at the pump never touched $1.50 / gal - if you could get the gas itself. "
- the gov't fixed the price so it's not a valid comparison
It's great there has been no name calling on this board!!
The largest problem for Bush is that he refuses to listen.
-When the President is of the same party as the controlling party in Congress, he is responsible for the budget. He is currently the leader of the Republican party. Oh and the current strategy of not including much money for Iraq in the budget and then asking for additional money is simply dishonest.
-Bush thought up the tax cuts and pushed for them. He is responsible for unbalancing the budget. He refused to listen to economists that stated that his tax cut would lead to debt. Greenspan agreed with him (Greenspan was strangely political at that point), but the majority of the economists in this country stated his tax cuts would lead to increasing national debt. Bush refused to listen to the economists. What do they know about the economy?
-I don't care if revenues are up, costs are skyrocketting. Net result has been a loss.
-You are wrong at the reason for the ballooning deficit. It is increasing because of the war spending. Each American currently owes over $2,000 for the war in Iraq. We should have finished Afghanistan with proper troop levels for an occupation, gotten our boys home, and then had the Iraq discussion (unless concrete evidence surfaced regarding an immenent attack). Speaking of Afghanistan, the country is still run by Al-Queda friendly warlords, with the exception of Kabul.
-If we were really concerned about saving lives, we would have been in the Congo and Rwanda were our military dollar would save more lives per year than they do in Iraq. Now all of our troops are strung out in Iraq so we can't help in Darfur.
-Don't use the hindsight argument about Iraq. Generals are coming out stating that they begged Rumsfeld for more troops (at the time) and he refused. Remember when it was leaked that he asked how many people it would take to occupy Iraq? The general he asked responded 500,000. Rumsfeld responded, "You'll do it with 144,000". Bush and Rummy didn't listen to the Generals. There has been too much public discussion about the war to say that we only know what is right in hindsite.
-How does one not predict an insurgency? Hasn't the left been screaming that Bush needs to watch the documentary The Battle of Algiers (about the Algerian insurgency against French occupation in the 60's) since the war ended? Bush and Co. have refused to listen.
*Great soundbite: Bush isn't a tax and spend President. He's worse. He's a borrow and spend President.
Bingo!Quote:
Originally Posted by ronsc1985
In addition to that if we were to invest in alternative energy or hybrid vehicle design, additionally we could get away from needed crude oil as a major resource, we have the ability to develop cleaner more efficent vehicles, let me rehrase that, require developing such alternatives... today we even have additional tax penalties against fuel such as E85, not to mention way out government is still giveing oil companies incentives subsidized money for oil products (when they are turning biliion dollar record profits in one quarter) :roll:Quote:
Originally Posted by holein1
But we've been doing that forever! Obviously a car that uses less gas for the same power and size is very interesting. Not only has the US government and others subsidized development but also private companies have been doing so since the first Benz 3-wheeler rolled out of a garage in 1885. And the IRS gives you up to $30 000 tax credit if you install an E85 pump at a gas station.Quote:
Originally Posted by amoney
The largest problem for Bush is that he refuses to listen.
The president can selectively listen. Don't we, in general. hear the complaints and not the support in anything? Isn't the news filled with doom and gloom. How many good things get reported...not many. How many demponstrations do we see when a group agrees with what's going on...rarely.
-When the President is of the same party as the controlling party in Congress, he is responsible for the budget. He is currently the leader of the Republican party. Oh and the current strategy of not including much money for Iraq in the budget and then asking for additional money is simply dishonest.
So he needs to know how much the war will cost....
So he needs to get the exact bugdet he wants....he did say he would not approve spending over a certain amount, congress did it, but ti ws still a crappy budget.
And how many time have the dems threatened to hold us hostage by f-n around, they can still hold any legislation up and they do.
-Bush thought up the tax cuts and pushed for them. He is responsible for unbalancing the budget. He refused to listen to economists that stated that his tax cut would lead to debt. Greenspan agreed with him (Greenspan was strangely political at that point), but the majority of the economists in this country stated his tax cuts would lead to increasing national debt. Bush refused to listen to the economists. What do they know about the economy?
Without the tax cuts the debt would be worse.
Gov't revenues are UP. That means MORE money. More tax means ess gov't revenue.
-I don't care if revenues are up, costs are skyrocketting. Net result has been a loss.
So you want to recind the tax break so people have less money to spend and then tax things more to get more revenue so things cost more.
Let me get this straight, I'll have a smaller paycheck and things cost more and this is good for me? I don't get it.
-You are wrong at the reason for the ballooning deficit. It is increasing because of the war spending. Each American currently owes over $2,000 for the war in Iraq.
$2,000 times the US pop 298663606 = $597,327,212,000
You are off by over two times.
-If we were really concerned about saving lives, we would have been in the Congo and Rwanda were our military dollar would save more lives per year than they do in Iraq. Now all of our troops are strung out in Iraq so we can't help in Darfur.
So it's our problem? Isn't the worlds problem? Is W's fault that un UN has their finger up their arse AGAIN. We should send troops, not everyone is deployed and it's a different type of unit needed anyway.
-Don't use the hindsight argument about Iraq.
I did anyway. You're Monday morning quarterbacking, great, someone thought they need more guys, others didn't. Which generals? Tommy Franks wasn't one of them I'd guess. They didn't need more troops to defeat Sadam, then needed more troops after. After some of what they expected didn't happen. Did anyone expect they should have recruited more guys to get rid of road side bombs? We'll I bet they wish they had. War is unpreictable, there are difference of opinion. 500,000 guys may or may not have any effect. The did get the INITIAL job done w/ the 14k or however many there were.
-How does one not predict an insurgency?
Well, they like don't. Insurgents come from another country did anyone really think Syria and Iran would send people in the fq up the works? Never heard that one on CNN.
*Great soundbite: Bush isn't a tax and spend President. He's worse. He's a borrow and spend President.
Money is cheap right now. Better than taxing the crap out of us.
Face it, all of us are long for the ride.
Too much special interest that mess things up for everyone but a small goup.
The system in flawed, unfortunately
Can't we get someone in office that isn't a Republican or Democrat for a change? I am NOT suggesting Ralph Nader but there has to be someone out there who isn't affiliated w/ the D's or R's and isn't all about MONEY AND POWER! Mk
Where is Ross Perot?
Iranian prison :lol:Quote:
Originally Posted by turbotroll
There is no need for Bush to call for a probe into gas prices. That is because the laws are set up in the gas company's favor and it is legal for them to rip people off. If we want lower gas prices for our cars we have to change our laws to our favor. But ripping people off is the American way to get rich, and you can join in by buying gas company stock.
Higher gas prices can hurt the economy............It means less revenue for local governments from speeding tickets because some people will start going slow to save gas. :lol: