Skip to comments.5 Ways Government Could Cut Gasoline Prices Quickly
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 ...
IBD and John the author need to understand the “government” does not care about the burden it puts on its citizens.
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
I don't want government controlling gas prices, one way or the other.
“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?
>>>You mean take this out of the states hands?
The regional blends are NOT state mandates. They are EPA mandates. Federal.
“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.
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.
#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.
Yup. I was going to comment about the idiocy of all the different mandated blends.
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.
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.
Pardon my ignorance, but by “blends” do you mean the regular/super-regular/extra-regular division?
Check out the E85 MPG/BTU adjusted price. That could easily change by dropping that ethanol subsidy going to ADM.
No, Winter blends, Summer blends. I think also blends for the northern states and the southern states as the eastern and western states
Like that graphic.
Cal, Ill, NY with the high prices.
Baraq’s folks getting the squeeze.
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?
Ah, I did not know that. Thanks for the info.
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