Anti-free-market morons!
Go after the organization getting the most money/gallon!!
Well, if the “big oil companies” ARE ripping us off, lets find out about it. I know there has not been an oil refinery built for about 30 years here, but MAYBE it WAS the long term plan of the oil giants. How hard did they fight to build new facilities? The hoops the companies had to jump through were many. But did they REALLY fight that hard? Just a thought.
This legislation would make shortages much worse. Reatailers would probably prefer to run out of inventory than risk prosecution on “price gouging”.
The only real profiteers in this are the state and fed govs with all their bs taxes put on gasoline and all the craptastic special blends that must be manufactured to appease each state’s ecotards.
Why don’t they investigate the environmentalist wackos
who have blocked new nuclear power plants for decades,
block drilling for oil on the land mass of the United States and her waters, refuse to allow oil refineries to be built, etc.
And what about the moonbat democrat party who is in bed with these ecofreaks?
Also, how about doing something about the 50 - 60 cents a gallon the state and federal governments take per gallon in taxes?
congress is somewhere between gravely retarded and brain-dead.
The largest US oil company (Exxon/Mobil) controls exactly 3.1% of world oil production.
COMPANY WORLDWIDE OIL PRODUCTION
Million barrels per year, 1998
Saudi Arabian Oil Co.* 3028
Petroleos Mexicanos* 1278
Petroleos de Venezuela* 1258
China National Petroleum* 1168
BP Amoco + Arco 963
ExxonMobil 894
Royal Dutch/Shell 859
Nigerian National Oil Co.* 772
Iraq National Oil Co.* 770
Kuwait Petroleum* 757
Chevron + Texaco 756
if we must have an investigation, how about investigating the extent to which government regulations drive up prices and block new production?
In other words, it's not about high market prices AT ALL. It's the same consumer price protection thing that LOCAL GOVERNMENTS take care of in isolated conditions with individual stations who slap down obscene markups on bad news scares. Just wankery passed by the Federal Dems to fool the rubes into thinking they're out to slap down "BIG OIL."
No definitions make it a useless bill, but it's really all about Democratic public relations and pandering, just like the 'sue OPEC' drivel.
Socialism 101: Price fixing leads to shortages
taxes are higher than profits on a gallon of gas.
and the people who levy and collect the taxes don’t drill, pump refine or deliver the product.
Any talk about lowering the taxes on a gallon of gas?
Oh, wait, that’s right, government take at all levels is a percentage so the higher the better, right?
Siskiyou County, CA is the victim of “zone pricing” which gives us among the highest gas prices in the nation. As explained to us, in other areas where there is an ARCO station, Chevron and Shell cut their prices to be competitive. They raise prices in our area to pay for the cut as we do not have an ARCO. According to our Senator, this is legal. I wonder if this practice will qualify under the proposed legislation. We are a very rural area with very little alternative transit, so we are captive to the oil companies and it has impacted growth and business for years.
They’re just gearing up so that when they increase the gas tax, they won’t look so bad.
there should be a parallel
euro
oil for food
proviso also.
I’m glad they put the ‘oline’ in the title. This stinks enough as it is.
Again, legislatures play as though they have no control of this...
Do they?????