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Latest excuse for high prices "The speculators" Hell why don't they just raise it up to $20 a gallon?High gas prices effect everything. Meanwhile the middle class go extinct!
Quote from: singleshot12 on April 24, 2011, 08:40:56 AMLatest excuse for high prices "The speculators" Hell why don't they just raise it up to $20 a gallon?High gas prices effect everything. Meanwhile the middle class go extinct!The speculation market is exactly the reason for high gas and oil prices. Congress refuses to reform the regulations on those markets. Drilling anywhere will not have any effect on these prices because any supply will be "speculated".We have the best congress money can buy. And Big Oil and Big Banks own the congress.Expect the wild ride to continue until there is some meaningful reform accomplished. These "patriots" that do this speculation are holding our economy hostage to their huge profits and bonuses.Oil goes up, the national and world economy withers, and the middle class continues to disappear.wsmnut
I think there are more than 70 cents taxes on a gallon of gas.
There is a bill trying to get on the floor that is trying to make the automobile industry to add $120.00 of additional equipment to run pure alcohol. Brazil runs their entire small automobiles off alcohol. We could do the same for all rigs 1/2 ton and lighter. 3/4 and above could use gas or diesel therefore you still have the power needed for haul the heavy loads. But from what I hear pure alcohol is hard on an engine. But I do not know the details. I do believe there are lots of big oil owns our congress...