When Oil was at $30 dollars a Barrel gas was at about $1.15 a gallon. Now it is at about 3.60 in places. a 300% increase and big oil is making all that money, right? hmmm...... crude oil is now 120 a barrel thats a 400% increase. Gasoline should be like $4.75 a gallon to break even if we accept that equation. I agree its expensive don't get me wrong. But I don't want you bitching about the price of gas while you go and spend $1.25 for a 20 oz bottle of water which you can get free at home!!!!
It is totally wrong for Politician to use scare tacktics and talk about gas prices. a tax relief wouldn't really help much. What we should be asking is "how much of the 120 a barrel actually goes to whoever pumps it out of the ground". This situation (high crude cost) is Man made, someone is making money on our backs.interesting part is that the cost of gasoline has not increased that much in europe pennies compared to dollars over here. I thing we should remove Crude oil from the open market and have the oil companies drill, transport refine and pay a royalty to whoever owns it. Take the middleman out of it. If that doesn't work, make the deposits like with any other comodity 50% instead of 5
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