Author Topic: Stossel: The Real Reason For Those Soaring Gas Prices  (Read 277 times)

0 Members and 1 Guest are viewing this topic.

rebewranger

  • Guest
Stossel: The Real Reason For Those Soaring Gas Prices
« on: May 18, 2022, 12:53:28 pm »
WRITTEN BY JOHN STOSSEL ON MAY 18, 2022. POSTED IN LATEST NEWS, VIDEOS

Stossel: The Real Reason For Those Soaring Gas Prices
 

“The reason for that is because of Putin’s war,” said President Joe Biden.

But that’s impossible. Most of the price rise came before Putin attacked Ukraine.

So some politicians simply blame “corporate greed.” [bold, links added]


Sen. Sheldon Whitehouse accuses the oil industry of collecting “excess profit.”

https://climatechangedispatch.com/stossel-the-real-reason-for-those-soaring-gas-prices/

Online GtHawk

  • Hero Member
  • *****
  • Posts: 14,567
  • Gender: Male
  • Well EXCUSE me!
Re: Stossel: The Real Reason For Those Soaring Gas Prices
« Reply #1 on: May 18, 2022, 05:31:49 pm »
WRITTEN BY JOHN STOSSEL ON MAY 18, 2022. POSTED IN LATEST NEWS, VIDEOS

Stossel: The Real Reason For Those Soaring Gas Prices
 

“The reason for that is because of Putin’s war,” said President Joe Biden.

But that’s impossible. Most of the price rise came before Putin attacked Ukraine.

So some politicians simply blame “corporate greed.” [bold, links added]


Sen. Sheldon Whitehouse accuses the oil industry of collecting “excess profit.”

https://climatechangedispatch.com/stossel-the-real-reason-for-those-soaring-gas-prices/
Is it just me or do oil companies only "collect excess profits" when the democraps are in power, I wonder if if there is some correlation between their policies and the price of gas, if only we could figure it out.

Offline Hoodat

  • Hero Member
  • *****
  • Posts: 32,521
Re: Stossel: The Real Reason For Those Soaring Gas Prices
« Reply #2 on: May 18, 2022, 05:38:56 pm »
The federal government brings in almost $40 billion in gasoline/diesel taxes alone.  And then there's the 40% tax on oil company profits.  The only entity making windfall profits here is the US Government.
If a political party does not have its foundation in the determination to advance a cause that is right and that is moral, then it is not a political party; it is merely a conspiracy to seize power.     -Dwight Eisenhower-

"The [U.S.] Constitution is a limitation on the government, not on private individuals ... it does not prescribe the conduct of private individuals, only the conduct of the government ... it is not a charter for government power, but a charter of the citizen's protection against the government."     -Ayn Rand-

Offline IsailedawayfromFR

  • Hero Member
  • *****
  • Posts: 13,922
Re: Stossel: The Real Reason For Those Soaring Gas Prices
« Reply #3 on: May 18, 2022, 06:16:46 pm »
The real reason is pretty simple
“You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing.” Thomas Sowell

Offline catfish1957

  • The Conservative Carp Rapscallion of Brieferville
  • Political Researcher
  • *****
  • Posts: 25,279
  • Gender: Male
Re: Stossel: The Real Reason For Those Soaring Gas Prices
« Reply #4 on: May 18, 2022, 06:43:57 pm »
I have contended from the beginning that Pedo Joe's announcement on the KeyStone Pipeline was the absolute beginning dominio to fall that has devolved into becoming soon into the worst economic disaster in the nation's history.

Yes ....  Joe did that.
I display the Confederate Battle Flag in honor of my great great great grandfathers who spilled blood at Wilson's Creek and Shiloh.  5 others served in the WBTS with honor too.