OPEC really pisses me off !!!
- Thread starter taodr
- Start date
Interesting point. I think you are right to point to the demand side... The lack of price elasticity in the US (and everywhere, to be fair) is a big part of the problem.
Still, I do not - and will not - agree with commodity cartels
Matt
Why does everyone always worry when the oil/gas price goes up? Stop and think about it for a bit. There is far too much traffic on the road already. Whenever there is a hike in gas prices this always results in a slight decrease of the traffic. There are a lot of people out there driving around for nothing. This takes a huge toll on our environment.
I think they should raise the tax on gasoline to get it up to about $5 a gallon and reduce the tax on income the same amount. People shouldn't be discouraged from making a decent income, this doesn't cause any harm to anyone. But too many people in too many cars are a major problem in all of our cities.
If you raised the tax on oil enough you wouldn't need as much and could probably survive without a lot of imports. This would keep a lot of money from going to the Middle East where it can be used to finance terrorism.
I think they should raise the tax on gasoline to get it up to about $5 a gallon and reduce the tax on income the same amount. People shouldn't be discouraged from making a decent income, this doesn't cause any harm to anyone. But too many people in too many cars are a major problem in all of our cities.
If you raised the tax on oil enough you wouldn't need as much and could probably survive without a lot of imports. This would keep a lot of money from going to the Middle East where it can be used to finance terrorism.
That's more than it costs in England!
http://www.guardian.co.uk/russia/article/0,2763,1071764,00.html
"Russian oil baron jailed on tax charge."
"Russian oil baron jailed on tax charge."
Russia is a bit messed up: 