Who do you trust to lower gas prices?

How can anyone trust the Dems to lower gas prices? HOW can the Dems lower gas prices except by lowering the federal tax levied on a gallon of gas? How can the Dems sustain ANY tax cut without going through withdrawl?

A few scenarios:

Cut federal taxes on gas. Result? States raise taxes on gas to make up for the loss of federal revenue for road repair and other goodies.

Winfall profit tax. Result? Over 3 million investors (think about all the retirement/pension plans out there that include oil company stock) get pissed off due to decrease in EPS, oil companies raise the price of gas to make up for loss of profit, reliance on foreign oil increases, investments in exploration, extraction, and refining decrease.

Break up oil companies. Result? Now smaller oil copmanies don’t have the capital for extraction, exploration, or refining investments, so the price of gas goes way up to increase revenue for future investment, reliance on foreign oil increases.

It is a supply and demand issue, pure and simple. Increase supply, and prices will go down. How do you increase supply? Drill for more oil. It’s not rocket science. It might seem that way for Dems (and unfortunately for the majority of the public), but it really is simple.

Said cracker @ 7:38 am | Permalink   

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