True, just trying to play "nice".

So, you are in favor of government regulating companies? Isn't that socialism?

And if so, why not just put in price controls.

To a large extent the govt already regulates companies.

Socialism is when the govt actually owns the companies in question.

How can I possible add to this post without getting political and getting spanked from the mods?
Then I'll be on a vacation from this forum, so I'm holding back, for now.

Give me your wallet if...
 

He must be a big shot with a lot of money in the bank. That's another 10 or $20 a month the average Joe can keep in their own wallet to spend on things like food utilities and rent. You seem to forget we are the 1%

There are many factors for the increase in gas prices. One is the realization of these companies that there are alternative fuels on the horizon. So, you can understand why they’re interest in drilling has dropped, investing in something with diminishing returns is not a wise move. What this has created is a self-feeding problem. Less drilling, less product in the market, less product high prices for that product.

This problem is evolutionary, while we go through this transition oil price will climb. But when more of the public switch to EVs or some type of alternative fuel the prices will drop. Supply and demand.

The three-month tax holiday is a nice gesture, but it’s going to take longer than 3 months to switch from oil to alternative fuel vehicles. People have to realize this issue is not confined to the U.S. There are charts on the internet showing that prices have increased almost everywhere, this is a global issue.

Symbolism over substance because he thinks the American people are stupid enough to cause them to change their vote in November. Average person will save less than $3,00 per fill up. Big Whoop.

Agree 100%! Your comment awhile back re; ambassadors are now "sand providers" was the best!!

Yes, it is a shame that folks have to use the highways to go to work, and trucks need to supply our stores with products by using the highways. Maybe they should adjust their driving habits? Kind of like getting rid of guns will stop violence.

Let's look at that a little closer:

1) not concerned over saving $10-20/ MONTH makes one a "big shot with a lot of money in the bank" Hmmm.....yes, 5 years of saving $10/mo. would deplete the "big shot's" savings of a whopping $600

2) To save $20/mo., at 18 cents/gallon = 111.1 gallons/month or $556 at $5/gallon and implies driving 2,999 miles/MONTH---a bit more than average, which according to Car and Driver magazine is 13,500/year So the savings for an average driver is closer to $7/month.

3) But the proposal is only to repeal that tax for 3 months, so total savings is $21---yep, that would put someone in the "1%":1rotfl::1rotfl::1rotfl:

Let's examine those concepts a bit further:

First of all, does anyone think it is likely that big oil would sacrifice profits today for fear of declining profit in the distant future????? I doubt it.

Second---EVs. Where do people think the electricity comes from???? Latest data for our sources of electricity:

Coal---------------33.2%
Natural gas----32.7%
Nuclear----------19.5%
Hydro---------------6.1%
Wind----------------4.7%
Solar----------------0.6%

This does not include heating and cooling homes from fossil fuels and industrial applications, so you could replace every internal combustion engine with EV and not make a dent in the carbon footprint, not that it matters since global warming is a myth anyway.

Third------"alternative fuel vehicle"---which, besides EV which is powered as listed above, is just what??? I haven't seen a nuclear reactor on a car since the Delorean in "back to the future". 40,000 pound windmill on top of a 3,000 pound car? Mobile waterfall????? 500 sq. ft. of solar panels on a mini cooper???

Fourth, to respond to some other posts, my understanding is that there are 2 parts to drilling on federal land---first, permission to lease the land and second a permit to actually drill on it. The government is more than happy to collect the rent for leasing the land, but this administration has issue exactly ZERO permits to actually drill on it. Must be Putin's fault. Also, there has not been a new refinery built in the US since 1974. Who thinks that is due to "greedy oil companies" and who thinks that is due to ridiculously overburdening environmental regulations? Hint: oil companies sell refined products.

Now you have done it, confused people with facts that they do not want to hear.

The United States was a total petroleum net exporter in 2020 and 2021
In 2021, the United States exported about 8.63 million barrels per day (b/d) and imported about 8.47 million b/d of petroleum,1 making the United States an annual total petroleum net exporter for the second year in a row since at least 1949. Total petroleum net exports were about 0.16 million b/d in 2021, and total petroleum net exports in 2020 were 0.63 million b/d. Also in 2021, the United States produced2 about 18.66 million b/d of petroleum and consumed3 about 19.78 million b/d. Even though U.S. annual total petroleum exports were greater than total petroleum imports in 2020 and 2021, the United States still imported some crude oil and petroleum products from other countries to help to supply domestic demand for petroleum and to supply international markets.

And than they will say we need more for the build back better program as we have depleted the funds for rebuilding highways.

Yep, don't we just hate that :1rotfl::1rotfl::1rotfl:

Of course, all those who have bought into the "greedy oil companies" story line for 50 years and those "woke" enough to actually believe that global warming is due to man will not want to EVER be swayed by the facts.