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The Real Story About Gas Prices

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That's so much propaganda! Everyone knows the price of gas is up to pad GW's retirement plan. I cried to see the prices from the 70's when $5 in gas would power my 10mpg olds 88 for an entire night of cruising Devou Park.

That's so much propaganda! Everyone knows the price of gas is up to pad GW's retirement plan. I cried to see the prices from the 70's when $5 in gas would power my 10mpg olds 88 for an entire night of cruising Devou Park.

 

I remember the days when $5 would fill up my car! I certainly hope you don't seriously believe the reason you gave for the price of gas being so high do you?

Every one on here and otherwise that complains about the high price of gas being caused by corporate greed or Bush's connections with the Big Oil companies should be required to watch this clip until they can write it word for word from memory.:ylsuper:

Every one on here and otherwise that complains about the high price of gas being caused by corporate greed or Bush's connections with the Big Oil companies should be required to watch this clip until they can write it word for word from memory.:ylsuper:

 

I can't watch the clip, but this is my $.02:

 

The greed that causes high gas prices is the greed of American consumers who refuse to lessen their demand. Americans need look no further than their mirrors to see who's responsible.

I've griped for years on record (gas threads on this forum) about the hosing we're getting from the government.

 

In 2005 income on gas taxes was 71 billion dollars for the government.

Gas profits for oil companies was 61 billion.

 

Government has no overhead at all! None! Just raking it in. What's up with that? Anyone?

I've griped for years on record (gas threads on this forum) about the hosing we're getting from the government.

 

In 2005 income on gas taxes was 71 billion dollars for the government.

Gas profits for oil companies was 61 billion.

 

Government has no overhead at all! None! Just raking it in. What's up with that? Anyone?

 

No overhead? They probably spend 70.5 billion on those orange barrells alone!;)

No overhead? They probably spend 70.5 billion on those orange barrells alone!;)

 

They have no dollars invested in bringing gas to the masses. NONE.

I can't watch the clip, but this is my $.02:

 

The greed that causes high gas prices is the greed of American consumers who refuse to lessen their demand. Americans need look no further than their mirrors to see who's responsible.

We discussed this ad nauseum in the previous thread in GD. The sad part is that the large majority of the American public simply do not understand the concepts of supply and demand. We want someone to blame, and by God we are going to find them!

When the price of gasoline goes up, the excise tax stays the same because it is based on per gallon, not price. So if the feds were making $71 billlion when gas was $3/gallon, they were probably making $71 billion when it was $2 a gallon. Also, virtually all of the gasoline excise tax goes into the highway trust fund to pay for all those orange barrels.

I remember the days when $5 would fill up my car! I certainly hope you don't seriously believe the reason you gave for the price of gas being so high do you?

 

;):D

They have no dollars invested in bringing gas to the masses. NONE.

 

you mean like the roads and the safety vehicles that patrol those roads. I forgot that those were purchased with private funds.

I could fill up the 21 gallon tank on my LTD for $10. At 13 mpg, thats 3.7 cents per mile. Now 30 years later, I'm paying 11.4 cents per mile.

I could fill up the 21 gallon tank on my LTD for $10. At 13 mpg, thats 3.7 cents per mile. Now 30 years later, I'm paying 11.4 cents per mile.

 

Still driving the LTD? :D

I can't watch the clip, but this is my $.02:

 

The greed that causes high gas prices is the greed of American consumers who refuse to lessen their demand. Americans need look no further than their mirrors to see who's responsible.

 

RM is right on the money, as is often the case.

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