Posted by
Nick Garren on Sunday, May 04, 2008 4:21:23 AM
So Hillary and McCain want to suspend the federal gas tax? HAHAHAHAHAHA!!!
People, let me explain it to you so you will understand why this is bad. The Federal rate is 18 cents. Big Oil will raise the price of gas 18 cents a gallon so that the windfall will go into their pockets--NOT YOURS! And then when the Holiday is over, you will pay 36 cents more a gallon for gas. Big Oil stnds to make millions. That 18 cents is money they don't get. The government does. Without the govt., they can get that 18 cents.
The only way for the price of gas to go down is for the US to flood the market with oil from Iraq, who still hasn't gone back to pre-war levels of oil production. It is artificially raising the price of oil, since the US and their Haliburton connections can tinker with the supply.