What good is a healthy bottom line for your industry, if the average American and small business can’t afford your product?
I refuse to spend $100 to fill my gas tank every week. That means I drive less, people drive less. That means transported goods cost more.
That means small businesses fail or don’t start up in the first place.
Employment and wage increases are stagnant and haven’t kept pace with fuel inflation.
Your solution?
Your suggestion won’t lower prices. It would only move the dollar paid to foreign nations. Oil well are not magical machines that produce the same amount forever. It takes constant inflow of investment to keep our production from dropping.
Banning exports will not lower prices. There are two curves in economics.
What good is a healthy bottom line for your industry, if the average American and small business can’t afford your product?
I refuse to spend $100 to fill my gas tank every week. That means I drive less, people drive less. That means transported goods cost more.
That means small businesses fail or don’t start up in the first place.
Employment and wage increases are stagnant and haven’t kept pace with fuel inflation.
Your solution?
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There are thousands of by-products produced by the oil industry. Not just gasoline.
http://www.ranken-energy.com/Products%20from%20Petroleum.htm