Tuesday, December 21, 2010

We are paying 2.80 a gallon no mattter how low oil goes, once the price is up it stays thereOil is way to cheap. At $84.00 per barrel, that is only $2.00 per gallon. Gasoline is only $2.89 per gallon. Only an 89 cent difference per gallon in the refined product versus the raw crude. Shut in the Gulf and the price should go way up. The Democrats are pushing this to push alternatives. To bad though that we have to buy so much oil from the Muslims because they financed and carried out 9-11 with the petrodollar, and we can all feel comfortable knowing they are probably saving their pennies. It's a typical liberal idea. But we need a 400 horsepower 5,000 pound auto for a grocery getter. And so long as gas is only $2.89 per gallon we will cruise Sonic in our Dodge 3500 4X4s with a V 10 Magnum all day long. If you need an answer here is something to consider.
1. Cut out all tax to oil and gas companies and mineral owners on domestic drilling and production.
2. Set an escalating floor price on imported oil and invest one half of the tax revenue back into the domestic drilling, production, and technology companies with the best recovery/ exploration programs and new exploration and recovery technology and ideas. The companies who engineer the best and discover the most new oil gets the most. This will quickly get more oil and gas production online, generate money for land owners to invest and build domestic business, promote alternative energy and make it economic and ultimately competitive , force car companies to make more efficient products and consumers to conserve.
3. No tax on alternative energy ventures and these companies get the other half of the oil tax money to push there technology the same as the domestic oil and gas companies.

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