Sunday, September 17, 2006

Are We Doing All We Can?

Should we pay more for gasoline? It's an interesting proposition and might carry with it some advantages that are not seen just looking at the problem superficially. Duncan Pickard editorializes that we should pay more - and that we should re-examine the way in which government and big oil work together to swindle the American people. A sample of his writing follows the link.

Click here to read Duncan Pickard...


I guess we can be happy that we don’t live in Europe, where prices are really out of control. The British pay almost “a bloody pound per litre” (over $7 a gallon) for their petrol. But there’s a difference between British and American gas: Her Majesty’s Government is directly responsible for the increased price. The British are taxed over $3.64 for every gallon of gas they buy. Compare that to the U.S. gas tax, which in 2005 was just over 18 cents per gallon.

That means that the British pay more for gas, but get more in return in public services like road reconstruction, public safety, and alternative energy research. To contrast, Congress uses taxpayer dollars to subsidize companies already making huge profits. Does ExxonMobil, a $350 billion company, really need a helping hand?

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