What a joke. Biden offers a 16 cent a gallon gas tax holiday. What is that suppose to do?
Explain this to me. In 2008 price for oil was $163 a barrel. Oil industry was subsidized $21 billion dollars and we were paying $3.47 a gallon for gas. Now oil is $120 a barrel and we are still subsidizing the oil industry in the billions per year and gas prices in California is up to $10 a gallon average nation wide $7 and up. Even when oil was $40 a barrel we were paying $3.65 a gallon for gas. So can you explain what is going on here? Where is all that subsidized money going?
This is pure and simple price gouging at its best. Profiteering, exploitation, extortion, racketeering fraud and criminal, unethical, immoral business practices at the very least. Are you telling me there are no laws on the books that can stop this? Are you telling me that this is legal and o.k? What the hell are we paying our representatives to do?
The American taxpayer is subsidizing the oil companies with taxpyer’s dollars from $10-$52 billion dollars a year. Oil has us over a barrel and our government and elected officials have rolled over and played dead again. Playing dead is what they seem to do best. The way we fix this gas gouging nonsense is not with a ridiculous 16 cent a gallon gas tax holiday but rather tell the oil companies to get the gas prices down to $4 a gallon by the end of June or else. And the or else is subsides end on June 30th. We will put that money aside and invest it in solar roads or whatever. But NOT fossil fuels.
And we need to also pass an emergency windfall tax on oil profits. OMG UK under Johnson did this already. Our Congress, this administration is failing us above and beyond and we are sick and tired of the nonsense. We know what to do. We know what needs doing and Congress and leadership is blaming everything on Putin, Covid, war in Ukraine, supply and demand everything but the truth. Truth is this country is owned and operated by a bunch of money grubbing, war mongering capitalist. We know we could pass safe and sane laws. Congress does it every year at the drop of a hat when it comes to giving themselves raises. So don’t tell me 16 cents a gallon is a gas fix or after 20 years changing the age on a purchase of an assault weapon is going to fix 20 years of our culture of hate and fear that glorifies blood, guts, murder and mayhem. We have killed over 6 million people since declaring war on terror. https://leecamp.com/u-s-has-killed-6-million-people-over-20-years/
This is who we are now. This is what we do and it sucks. This 4th of July is going to be a whole new kind of celebration.