Thread: Gas Prices
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Old 29-04-06, 03:44 PM   #39
Hegemonic
 
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I think if any Senator, on either side, was really concerned about gas prices they would suspend the tax on gas, which goes to the government for essentially doing nothing. After refinery costs, taxes, R+d costs and exploration costs the "profit" made by oil companies is about 9 cents a gallon, while the US government makes about 50 cents a gallon...and then have the balls to heap scorn on oil execs for "excessive profit"? Don't make me puke. There's windfall profits alright, and they go straight into the governments pockets.
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