Originally Posted by
Salty
What does BHO have to do with the price of gas or tea in China for that matter?
There are FOUR IMMEDIATE THINGS Obama can do to take at LEAST a dollar off the price of gasoline per gallon right away:
1.) Eliminate all the different blends and formulas. We really do NOT need 100 blends for regular unleaded gasoline. Just ease that regulation for a year. Come up with ONE intermediate formula to be used nationwide.
2.) Suspend the federal tax at the pump, which is running about 19 cents per gallon. Just end it for a year to start off.
3.) END the ethanol boondoggle. Cease the requirement for ethanol in gasoline. It doesn't help the environment, it doesn't save gasoline because you have to have a heavier foot to get the same performance than you would have with just straight gasoline, and it ADDS TO THE COST AT THE PUMP!. People would end up using less gas as well!
4.) Yes, DRILL! Stop stonewalling permits and take down the rest of the barriers to production your administration has erected! Announce that domestic production is a high priority and ease these restrictions, approve the Keystone pipeline and open up ANWR for production, and the price of crude drops immediately on the world market because it will scare the hell out of the speculators! Works every time it's tried, hell it even worked when YOU did it in 2010, announcing your partnership with other countries to release more oil from the strategic reserve. Oil prices TUMBLED immediately.
Of course, the Obama administration will do none of this. Because the EnviroNazis would go absolutely NUTS and it's re-election time. And because high gasoline prices is what the left WANTS. Read Al Gore's book, "Earth in the Balance" for crikey sakes - everything we are seeing today is IN that book. The stated goal even then was $5/gallon gasoline! The blueprint for artificially inflating the cost of fossil fuels was LAID OUT in that book!
85% of the price per gallon of gasoline at the pump is:
- The cost of crude oil (Which is TAXED as produced or imported)
- The cost of refining (Which, every gallon produced is TAXED when sold, and onerous regulation and formulation requirements greatly drives up the costs)
- The cost of distribution (The trucking companies that deliver gasoline to the retail outlets. They are TAXED as well, at point of sale)
- Direct Taxation (Local, State and federal TAXES at the pump, the consumer pays)
It's the TAXATION and OVER REGULATION that accounts for more than half of what we pay at the pump!
'Is there anything wrong with anything.' Is that what you're asking, friendo?