Quote:
Originally Posted by Cadaverous Pallor
The idea that the gas companies are somehow being unselfish is beyond laughable. We all know that Exxon made more money last year than any company has ever made in any year, ever, right? That is, while we are paying prices for gas that are bankrupting delivery businesses and making some people decide between paying their mortgage and driving to work. |
Yes, I know that. I just don't see how it is particularly relevant. And overt government attempts to cap gasoline prices will not work. A windfall tax in an environment of unchanged demand -- and the US market is an increasingly smaller portion of global demand -- will just raise gasoline prices. A cap on profits will just cause companies to stop selling gas once they've maxed out for the year.
I have no problem with oil companies raping us from both ends. I just want to stop subsidizing them for the privilege.