No worries, if OPEC takes oil below $60, Obama will write an executive order to raise the gas tax.
Well, it’s not “free”; frankly, I hope that things settle to a price that allows conservation and exploration to continue.
“No worries, if OPEC takes oil below $60, Obama will write an executive order to raise the gas tax.”
Actually, I’d be in FAVOR of it, but only if:
1. Some was spent on replenishing and expanding the oil reserve.
2. Every remaining nickel went (efficiently) went into roads and infrastructure.
Too bad that the government has proven itself to be absolutely incapable of spending money wisely.
I wouldn’t be surprised if there was some fedgov action taken against the frackers on behalf of OPEC.