Re: OT-Fed Up!!!

Posted by Paul in Mich on July 09, 2005 at 19:42:37 from (205.188.117.66):

In Reply to: OT-Fed Up!!! posted by Illinois Boy on July 08, 2005 at 07:05:04:

One of the contributing problems is that the government does indeed regulate the price of gasolene. It is regulated by Federal E.P.A. standards in addition to 50 different state standards, which has created nothing short of a nightmare for refineries. Before blaming the "greedy oil companies" for the high cost of fuel, ask yourself just one question. Would you like to be the owner of a refinery and try to satisfy the demand for fuel and try to make a profit and have to deal with the restrictive regulations and taxes imposed by the government? And just for everyones edification, the problem didnt start with the Bush administration. It has been an ongoing process which has been plaguing the American public for over 30 years. Now having said all that, you"re still better off buying a gallon of gasolene or diesel fuel in the United States than anywhere else on the planet. The reason os that while our government"s meddling has exaserbated the fuel crisis here in the U.S., governments elsewhere in the world have been more meddlsome and have regulated and taxed fuel to a far greater extent than our own government wizards. To wish for more government regulation is like wishing for external help in adjusting your noose just prior to lynching. It really isnt help at all. The government is incapable of running a lemonade stand let alone the oil business. The best thing any of us could ever hope for is that government got out of the energy business altogether, and allow market forces (supply and demand) to do its work. Only then will you or I have a say in the price of fuel. The sad truth, however, is that once the genie is out of the bottle, and it is in regards to government intervention in the energy business, it will never correct itself.

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