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5 Ways Government Could Cut Gasoline Prices Quickly
Investor's Business Daily ^ | 03/08/2012 | John Merline

Posted on 03/08/2012 7:41:05 AM PST by IBD editorial writer

When President Obama talks about today's sky-high gasoline prices, he almost always laments that there's little anyone can do in the short term to bring them down.

"There is no silver bullet" is his common refrain, one he used again at his press conference on Tuesday.

But as gasoline prices reach historic highs — they've shot up more than 28 cents a gallon in just the past month — the government could make a dent.

(Excerpt) Read more at news.investors.com ...


TOPICS: Business/Economy; Government
KEYWORDS: gasoline; obama; oil; regulations

1 posted on 03/08/2012 7:41:09 AM PST by IBD editorial writer
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To: IBD editorial writer

IBD and John the author need to understand the “government” does not care about the burden it puts on its citizens.


2 posted on 03/08/2012 7:42:45 AM PST by edcoil (It is not over until I win.)
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To: IBD editorial writer

A few more:

#06 Disband the EPA

#07 Disband the BATFE

#08 Disband the Education Dept

#09 Disband the Department of Housing and Urban Development

#10 Fire all of Obama’s “Czars: and eliminate their offices and staff


3 posted on 03/08/2012 7:52:27 AM PST by Iron Munro ("Don't pick a fight with an old man. If he is too old to fight he'll just kill you." John Steinbeck)
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To: IBD editorial writer
Eric Bolling of Fox news worked for years in the oil industry. He said you could drop the price of gas by $1 a gallon instantly by mandating just one blend nationwide.
4 posted on 03/08/2012 7:54:44 AM PST by Beagle8U (Free Republic -- One stop shopping ....... It's the Conservative Super WalMart for news .)
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To: IBD editorial writer
5 Ways Government Could Cut Gasoline Prices Quickly

I don't want government controlling gas prices, one way or the other.

5 posted on 03/08/2012 7:56:54 AM PST by dfwgator (Don't wake up in a roadside ditch. Get rid of Romney.)
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To: Beagle8U

“He said you could drop the price of gas by $1 a gallon instantly by mandating just one blend nationwide.”

You mean take this out of the state’s hands?


6 posted on 03/08/2012 8:07:32 AM PST by EQAndyBuzz (The left are all fluked up!!)
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To: EQAndyBuzz
Yes, you can't keep prices down by having every state eco-nut mandating different gas.
7 posted on 03/08/2012 8:14:59 AM PST by Beagle8U (Free Republic -- One stop shopping ....... It's the Conservative Super WalMart for news .)
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To: EQAndyBuzz

>>>You mean take this out of the state’s hands?

The regional blends are NOT state mandates. They are EPA mandates. Federal.


8 posted on 03/08/2012 8:17:19 AM PST by Keith in Iowa (Willard Romney, purveyor of the world's finest bullmitt. | FR Class of 1998 |)
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To: Iron Munro
Yeah and drill off all the coasts, approve the pipeline,fracking etc.. Get government out of the way and eliminate the EPA. Obama has banned offshore drilling , the pipeline, shale, fracking , coal power plants etc. And Obama is piling on 5 trillion more in debt on us.
9 posted on 03/08/2012 8:25:38 AM PST by rurgan (Make all laws have an expiration date of 3 years. too many laws is the problem)
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To: Keith in Iowa

“The regional blends are NOT state mandates. They are EPA mandates. Federal.”

In which case, closing the EPA would automatically save us 1 dollar per gallon.

Sounds like a good Republican commercial.


10 posted on 03/08/2012 8:46:37 AM PST by EQAndyBuzz (The left are all fluked up!!)
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To: Iron Munro
#11 Name the California Air Resources Board a terrorist organization
11 posted on 03/08/2012 8:52:32 AM PST by Cyman
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To: IBD editorial writer

6) Collapse the oil trading futures market

(at least it would work in the short term...within a few months we’d all be bidding-up bicycles on eBay)

Personally this is the avenue I expect Barry to pursue.


12 posted on 03/08/2012 9:01:25 AM PST by Buckeye McFrog
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To: IBD editorial writer

#6- End margins on oil trading. You buy the oil, you pay full price

#7- Require purchasers to take delivery. You bought the oil, you take it. Hope you have a garage.


13 posted on 03/08/2012 9:24:16 AM PST by Ace of Spades (Sed quis custodiet ipsos custodes?)
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To: Beagle8U
Eric Bolling of Fox news worked for years in the oil industry. He said you could drop the price of gas by $1 a gallon instantly by mandating just one blend nationwide.

Yup. I was going to comment about the idiocy of all the different mandated blends. 

14 posted on 03/08/2012 9:52:31 AM PST by zeugma (Those of us who work for a living are outnumbered by those who vote for a living.)
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To: IBD editorial writer

bkmk


15 posted on 03/08/2012 10:31:01 AM PST by Sergio (An object at rest cannot be stopped! - The Evil Midnight Bomber What Bombs at Midnight)
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To: dfwgator

Several suggestions get government out of the way as you and I both want.

In particular if we went to just one blend of gasoline (eliminate epa mandate). If we no longer had to put ethanol in the gas (eliminate ethanol mandate). If govt would allow the private sector to build the keystone xl pipeline. Even dropping down the federal gas tax on every single gallon of gas where the govt takes in 8 times as much as the oil companies do, would be getting government out of the way, as higher taxes retard/prevent/punish use of whatever’s taxed, lower taxes are the opposite.


16 posted on 03/08/2012 1:54:00 PM PST by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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To: Ace of Spades

This right here is the solution. Speculation isn’t necessarily a problem. The fact that speculation entails very little risk is, however, and these are two excellent solutions to the problem.


17 posted on 03/08/2012 2:15:38 PM PST by flintsilver7 (Honest reporting hasn't caught on in the United States.)
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To: Beagle8U

Pardon my ignorance, but by “blends” do you mean the regular/super-regular/extra-regular division?


18 posted on 03/08/2012 2:46:33 PM PST by sthguard (The DNC theme song: "All You Need is Guv")
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To: IBD editorial writer
Daily Fuel Gauge Report

Check out the E85 MPG/BTU adjusted price. That could easily change by dropping that ethanol subsidy going to ADM.

19 posted on 03/08/2012 4:39:41 PM PST by Sarajevo (Money cannot buy happiness, but it's more comfortable to cry in a Mercedes than on a bicycle.)
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To: sthguard

No, Winter blends, Summer blends. I think also blends for the northern states and the southern states as the eastern and western states


20 posted on 03/08/2012 4:42:12 PM PST by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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To: Sarajevo

Like that graphic.

Cal, Ill, NY with the high prices.

Baraq’s folks getting the squeeze.


21 posted on 03/08/2012 4:43:55 PM PST by nascarnation (DEFEAT BARAQ 2012 DEPORT BARAQ 2013)
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To: IBD editorial writer

Why not offer companies incentives to have their millions of employees, who sit at a desk all day, using a computer and telephone, to do it at home?

We have the technology right here, right now.

It would not only save tens of billions of gallons of fuel, but would eliminate much of the traffic on our roads.

Is this just too damn simple?


22 posted on 03/08/2012 4:45:50 PM PST by dragnet2 (Diversion and evasion are tools of deceit)
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To: Kaslin

Ah, I did not know that. Thanks for the info.


23 posted on 03/09/2012 2:25:37 AM PST by sthguard (The DNC theme song: "All You Need is Guv")
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