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U.S. Citizens: Increase Gasoline Tax?

Discussion in 'Polls Forum' started by KenH, Feb 2, 2006.

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U.S. Citizens: Increase Gasoline Tax?

  1. Yes.

    31 vote(s)
    100.0%

  2. No.

    0 vote(s)
    0.0%
Top Posters
  1. KenH

    KenH Well-Known Member

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    Would you support an increase of $.50/gallon in the federal gasoline tax to increase conservation of energy usage in the United States?
     
    #1 KenH, Feb 2, 2006
  2. Bro. James Reed

    Bro. James Reed New Member

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    Only if the price for a gallon of gas went down at least $.50 from it's current level.

    I can not afford to pay any more and continue to drive to work everyday.
     
    #2 Bro. James Reed, Feb 2, 2006
  3. Bro. James Reed

    Bro. James Reed New Member

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    2nd quarter Exxon profits: $10 billion

    3rd quarter Exxon profits: $10.71 billion

    They can afford to lower the price of gas.
     
    #3 Bro. James Reed, Feb 2, 2006
  4. KenH

    KenH Well-Known Member

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    Actually, they can't. The margins on the sale of gasoline are back down to where they normally are this time of year - which isn't all that great for the oil industry.

    Most of the money oil companies such as Exxon Mobil make is on the upstream end at the wellhead not on the downstream end at the pump.

    The biggest component of the cost of gasoline is the price of oil. If oil goes down, then the price of gasoline can go down.

    Oil companies only keep about $.08 of every dollar of sales. That is way lower than lots of other industries such as pharmaceutical companies and financial service companies.
     
    #4 KenH, Feb 3, 2006
  5. Joseph_Botwinick

    Joseph_Botwinick <img src=/532.jpg>Banned

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    I would support finding alternative fuels and putting Exxon Mobile out of business.

    Joseph Botwinick
     
    #5 Joseph_Botwinick, Feb 3, 2006
  6. KenH

    KenH Well-Known Member

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    Provided that Exxon Mobil(not Mobile, JB - that a city in Alabama [​IMG] ) understands that it is an energy company and not merely an oil & gas company I would expect it to be a major player in alternative fuels. It certainly has the resources to do so.
     
    #6 KenH, Feb 3, 2006
  7. Bro. James Reed

    Bro. James Reed New Member

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    Ken, you keep talking all the time about how oil companies make their money at the well head and not the gas pump. My point is, they are still making record profits at our expense. If they are saving and gaining so much money at the well head, then they should pass that savings, at least in part, downstream to the gasoline sales. As good Americans, that's what they should do. Unfortunately, I think the days of a company, however large or small, helping out its customers is over.

    This really is affecting our economy.

    My business has seen a large drop in sales because of the cost of oil. Many of our vendors, in fact more than half now, are adding a fuel charge, or raising the charge, for each delivery because of high gas prices.

    The oil companies are posting record profits at the expense of other businesses and consumers.

    Yeah, it's a great day for capitalism. :(

    And we wonder why the downtrodden people of other countries get fed up with capitalism and look for another form of government.

    A solid, stable country such as ours can only exist with a regulated capitalist society. Unregulated capitalism is no better than communism. It gives all of the power to a few people, or companies. I fear that is what we are headed for.
     
    #7 Bro. James Reed, Feb 7, 2006
  8. EdSutton

    EdSutton New Member

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    Who is going to be first on your list to 'regulate'? Phone companies, McDonald's, Wal-mart or Microsoft? Just a thought!
    Ed
     
    #8 EdSutton, Feb 7, 2006
  9. rbell

    rbell Active Member

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    It is not the government's job to steal money from me and give it to someone who did not earn it, just to coerce me into living an approved lifestyle.

    Those kind of taxes are what collapse economies.
     
    #9 rbell, Feb 7, 2006
  10. Bro. James Reed

    Bro. James Reed New Member

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    Who is going to be first on your list to 'regulate'? Phone companies, McDonald's, Wal-mart or Microsoft? Just a thought!
    Ed     </font>[/QUOTE]Each company you listed is regulated by laws in this country.

    Without regulations, we would end up with sweatshops and child-labor, just like we had a hundred years ago when the super rich were "governing" the politicians of this country.
     
    #10 Bro. James Reed, Feb 8, 2006
  11. bobbyd

    bobbyd New Member

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    More taxes? NO WAY!
     
    #11 bobbyd, Feb 8, 2006
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