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Originally posted by jimmiec
reply to post by thetiler
Here is a table of each state tax on gasoline.
www.gaspricewatch.com...
Originally posted by SrWingCommander
It's all (or almost all) due to QE3. We are printing money not backed by anything. Not Gold, not bond sales to Russia or China. The US Dollar is the world petroleum reserve currency. Because the number of dollars are increasing their value is going down. Your seeing this at the pumps. The price of oil per barrel has been relatively stable in the low 90's for awhile. Yet prices continue to go up. That's the inflationary effect of the stimulus packages. It's simple economic law.
Yes there was a large refinery fire in venezuala. There was a smaller one at a refinery in Oklahoma just this week. I beleive another major refinary is offline for repairs. Thats not helping either. You can have all the oil you want, but if you can't refine it to gas it doesn't help. So gas is going up to supply and demand rules.
"Evil Oil Republicans" that's rich....sounds like a college freshman.........
Maybe I should start a thread about "evil borrow, tax, spend democrats".
BTW for all the oil haters out there. don't ever gripe about your 401k, IRA, or pension fund declining. Most are about 40 to 60% energy stocks. When "evil oil" companies make profits, your funds go UP. You should WANT US oil companies to do good. Incidently, I'd have to look up, but I think that while oil company profits are up every year, that's due to volume. Their profit margin has been the same for most of the last 50 years...about 7%. The world just buys a hell of alot more of it. More cars, in America,,,,and abroad.
Originally posted by thetiler
The rich U.S. rebublican oil barons would hate worst than anything to have their taxes raised. They would love to get those gas prices real high during Obama's watch. This could be what Romney needs to get him over the hump in the last weeks. The rich republican oil power brokers could really be the catalyst to get the job done.
Just a few minuets ago my wife just heard in the news that gas could be going higher again.
Just a thought.
What do you think?
Originally posted by korathin
Originally posted by thetiler
The rich U.S. rebublican oil barons would hate worst than anything to have their taxes raised. They would love to get those gas prices real high during Obama's watch. This could be what Romney needs to get him over the hump in the last weeks. The rich republican oil power brokers could really be the catalyst to get the job done.
Just a few minuets ago my wife just heard in the news that gas could be going higher again.
Just a thought.
What do you think?
Oil and Gas has never been cheaper, it is the Bankster fiat Currency Democrats who want high energy prices and are achieving that via inflation. Heck the reason why Obama knee jerk rejected the Keystone pipeline is because he thought it would lower energy cost's(until he found out it will increase the exporting of oil and oil products).
Every leftist democratic scum bag economist has been calling for several things for well over 20 years:
1) Americans should pay a higher percentage of income on food.
2) Americans should pay higher energy prices.
3) America should have a large white underclass.
And surprise surprise leftist democratic scum bags have achieved all this under Comrade Obama
www.youtube.com...
Ignorant people like the OP are one of the few reasons I utterly despise leftist's. It is like the OP decided to mug someone then try and blame the person he mugged for the crime. Utterly pathetic how such lies are tolerated.
Originally posted by thetiler
The rich U.S. rebublican oil barons would hate worst than anything to have their taxes raised. They would love to get those gas prices real high during Obama's watch. This could be what Romney needs to get him over the hump in the last weeks. The rich republican oil power brokers could really be the catalyst to get the job done.
Just a few minuets ago my wife just heard in the news that gas could be going higher again.
Just a thought.
What do you think?