You are speaking to a mostly deaf audience. It is so much easier to blame “BIG OIL” than to look at facts.
Let’s see. “Big” oil is making and outrageous amount of money these days, roughly 8 cents a gallon from what I hear. That would be about 2.5% per gallon of gas.. And they have to make the investment to get it out of the ground, refine it, market it and deliver it. But “Big” gubmint is making about 50 cents per gallon or about 15% of a gallon of gas with no investment whatsoever.
Now, tell me again who is making obscene profit?
(Starbucks better hope congress doesn’t find out about their profit margins.)
Oil
There is no other commodity that gov’t makes so much off of for doing virtually nothing...... not even tobacco compares to the revenues (windfall) that gov’t recieves. As a matter off fact, gov’t gets a bigger tax margin than the oil companies do in profit margins and they have to produce it.
--it usually ends the converstion--
“One is the windfall profits tax of the 1980s, which reduced domestic production and increased oil imports.”
Carter should be put in jail for fraud for naming it that, it’s a wellhead tax and is collected even if the well is operating at a loss!
How about cutting off ALL oil to the elected royals. After all they use automobiles, fly in aircraft, probably have gas stoves and fireplaces. Just make sure these people are not entitled to the products necessary to make their lives comfortable also to move them from home to job, job to constituents etc. Same with members of EPA who have cost Americans much anguish and money with their rules. (and these epa employees are not elected, yet make laws)