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1
Posted on 6/14/22 at 1:47 pm to goofball
i see a lot of talk about capping oil profits and not a lot of talk about the quickest way to drop gas prices, lower gasoline taxes.
Posted on 6/14/22 at 1:48 pm to Upperdecker
This would be an absolute disaster for the oil/gas industry in the US and for every single consumer in the US.
Posted on 6/14/22 at 1:50 pm to member12
Posted on 6/14/22 at 1:50 pm to goofball
VERY soon, gas stations are going to need bigger signs to accommodate double digit per gallon prices.
Posted on 6/14/22 at 1:51 pm to MorbidTheClown
quote:
i truly expect Ashton Kutcher to walk out any minute now.
Those tin foil hat folks on the PT board who think that Democrats want to destroy the economy might be on to something.
I just have trouble believing that people can actually think that a surtax could do a damn thing to blunt inflation.
Posted on 6/14/22 at 1:52 pm to member12
quote:
In 1982, Ceau?escu directed the government to export much of the country's agricultural and industrial production in an effort to repay these debts. The shortages that followed drastically lowered living standards, leading to heavy rationing of food, water, oil, heat, electricity, medicine and other necessities. His cult of personality experienced unprecedented elevation, followed by extensive nepotism and the intense deterioration of foreign relations, even with the Soviet Union.
This post was edited on 6/14/22 at 1:54 pm
Posted on 6/14/22 at 1:53 pm to member12
Posted on 6/14/22 at 1:53 pm to member12
They're not stupid. They're doing this on purpose. They want the oil and gas sector to implode. This gets them their electric vehicles, wind, solar, and all green agendas moving in the right direction.
Posted on 6/14/22 at 1:54 pm to member12
The only things the government can do to blunt out of control gas prices, in order:
1. End sanctions on Russia and stop sending money to Ukraine. We are just delaying the inevitable and causing oil prices to rise. If you want to send your personal money to extend the conflict go ahead, stop sending taxpayer money there.
2. Start signaling friendly attitudes to oil. Restart construction of Keystone XL. Basically repudiate all of the left's bullshite about ending domestic oil production.
Biden will do neither of these things. So prepare for it to get worse.
1. End sanctions on Russia and stop sending money to Ukraine. We are just delaying the inevitable and causing oil prices to rise. If you want to send your personal money to extend the conflict go ahead, stop sending taxpayer money there.
2. Start signaling friendly attitudes to oil. Restart construction of Keystone XL. Basically repudiate all of the left's bullshite about ending domestic oil production.
Biden will do neither of these things. So prepare for it to get worse.
This post was edited on 6/14/22 at 1:55 pm
Posted on 6/14/22 at 1:54 pm to member12
Of course the oil companies will just absorb that tax hit, not pass it on to consumers at the gas pump.
Idiots
Posted on 6/14/22 at 1:55 pm to TheHarahanian
quote:
Of course the oil companies will just absorb that tax hit, not pass it on to consumers at the gas pump.
If they are stupid enough to propose this, they are stupid enough to enact price controls.
And then blame the oil companies when there is a major supply shortage.
Posted on 6/14/22 at 1:56 pm to member12
fricking brilliant. There's no way the oil companies will pass that on to consumers. Great job, Biden! You've solved the problem.
Posted on 6/14/22 at 1:57 pm to frequent flyer
Posted on 6/14/22 at 2:12 pm to member12
These fricking mid-terms need to hurry the frick on and get here
Posted on 6/14/22 at 2:15 pm to TDsngumbo
quote:
Why are Democrats so stupid? It's like they all slept through economics class.
They never took economics. They also don't write these bills.
Posted on 6/14/22 at 2:18 pm to member12
Why a 21% tax? Let’s really curb inflation, and start levying a 100% tax. That will show Exxon not to be greedy.
This post was edited on 6/14/22 at 2:40 pm
Posted on 6/14/22 at 2:18 pm to dbeck
quote:
FedGov weighs 21% oil profit tax....to blunt inflation.
Headline tomorrow
Big Oil raises prices 21% due to oil profit tax
Posted on 6/14/22 at 2:21 pm to Ronaldo Burgundiaz
quote:
1. End sanctions on Russia and stop sending money to Ukraine. We are just delaying the inevitable and causing oil prices to rise. If you want to send your personal money to extend the conflict go ahead, stop sending taxpayer money there.
Oil prices were sky high prior to the Russian invasion because of Biden’s energy policies. The war just added fuel to the fire.
quote:
2. Start signaling friendly attitudes to oil. Restart construction of Keystone XL. Basically repudiate all of the left's bullshite about ending domestic oil production
Sir, that will never happen. The left wants oil to crater, and isn’t shy about telling us.
Posted on 6/14/22 at 2:22 pm to member12
Maybe they can forgive student loan debt now 
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