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Originally posted by kelbtalfenek
Truckers are having hard times at the pump and meanwhile Exxon is posting record profits...
The answer to the first question is that over the past 25 years, oil companies directly paid or remitted more than $2.2 trillion in taxes, after adjusting for inflation, to federal and state governments—including excise taxes, royalty payments and state and federal corporate income taxes. That amounts to more than three times what they earned in profits during the same period, according to the latest numbers from the Bureau of Economic Analysis and U.S. Department of Energy
I'm still confused as to why diesel fuel is more expensive than gasoline. And I watched the news on CNN and I don't recall hearing about this protest. It appears they need to protest until it's all over the news media for more than a day. It also has to be a major topic for the presidential race. I can imagine if they block the lane for exits, that this could get really ugly and stagnated.
Do you think anyone will sell something in order to show support on their cars also? Maybe a bumper sticker or magnet that says: " Nationalize Fuel and Power Companies Now! "
These high fuel prices might be the norm in Europe but this can't happen here in the US without a major protest and change.
I wonder what would happen if an Independent was to gain votes strictly over this issue? That would be a revolution.