No, gas costs what people will pay for it. It has little to do with cost of production. That’s capitalism. At the very least we should eliminate the subsidies, those are ridiculous and unjustifiable.
I was amused at how when Obama called for eliminating the taxpayer subsidies of oil companies, at first Boehner agreed. Then a few hours later, presumably after he was called to the carpet by his masters, he said that removing the subsidies was impossible. What a tool.
^^Unfortunately Brian Neocon is right. Oil is a very elastic resource (meaning that anything could affect its price). This is one of a few resources that if taxed the burden will go directly to the consumer.
Doesn’t surprise me that Boehner backed down, troll.
An interesting thing Ted Turner raised in a conference with T. Boone Pickens was the real fact that it is wiser to save fossil fuels for plastics in the future, rather than burning them. We can make many useful things out of plastic, nothing much out of smog.
BrianCrook about 13 years ago
Instead of taxing the consumer, let’s tax Big Oil. It has LOTS of money.
ARodney about 13 years ago
No, gas costs what people will pay for it. It has little to do with cost of production. That’s capitalism. At the very least we should eliminate the subsidies, those are ridiculous and unjustifiable.
I was amused at how when Obama called for eliminating the taxpayer subsidies of oil companies, at first Boehner agreed. Then a few hours later, presumably after he was called to the carpet by his masters, he said that removing the subsidies was impossible. What a tool.
WarBush about 13 years ago
^^Unfortunately Brian Neocon is right. Oil is a very elastic resource (meaning that anything could affect its price). This is one of a few resources that if taxed the burden will go directly to the consumer.
If we had substitutes it’d be a different story.
Dtroutma about 13 years ago
Doesn’t surprise me that Boehner backed down, troll.
An interesting thing Ted Turner raised in a conference with T. Boone Pickens was the real fact that it is wiser to save fossil fuels for plastics in the future, rather than burning them. We can make many useful things out of plastic, nothing much out of smog.
pirate227 about 13 years ago
We’ll have tons of plastic to recycle when we run out of oil, just saying.