Posted on 04/22/2014 12:36:23 PM PDT by Theoria
Is there an oil shortage?
Why do you advocate government price controls?
How about adding a hefty tariff against all oil products sold outside this nation? The money earned should then be earmarked to debt reduction. No earmarks.
There would be plenty of gas. US production is at all time highs.
It happens every time socialists try to nationalize something.
/johnny
I didn’t say anything about price controls, just exports of oil off public land while we are being hosed on prices.
Sell it here for all the market will bear, no price controls.
So, even if Keystone is approved, even if we drill more oil, we’ll still be paying out the wazoo for fuel. We could still see shortages if fuel is exported for the highest price. Isn’t that what Stalin did in the 1930s with food? Why should we approve these things then? The left would use this as an argument that free markets don’t work.
Nationalization and price controls are socialist tools and ideas.
/johnny
Who pays the tariff, the producer or buyer?
You and oliver are the only ones talking about price controls.
While Southern California (San Diego) drivers are hard pressed to find gas under $4.09/gallon.
Buyer, absolutely. We need to improve our trade imbalances, too.
Look, American oil might be the biggest bargain anywhere. Don’t change it too much, but right now, we’re not getting anything for it... OK, I do not know if we already have a tariff...
But obviously, if they’re flocking to our shores to buy the stuff, raising the tariff and earmarking it for debt reduction still helps us in many ways. Lower debt, more stability. More stability, more the dollars is valued. More the dollar is valued, our own money goes farther. Lower debt also means lower taxes. Lower taxes means we can afford higher gas prices.
Cali is the second highest state for gasoline taxes.
That plus the “gaia friendly” blends mandated certainly drives up the pricing.
http://taxfoundation.org/article/state-gasoline-tax-rates-2009-2013
Unfortunately I also remember when my kids were teenagers and we filled their cars and mine every Monday morning at a cist if slightly less than $20, providing we were in the midst of a gas war when it was $.19 a gallon instead of $.25 a gallon.
I don’t understand why Fritz Oilbuyer in Germany would pay for US oil at world price + a tariff when he can get oil from Iraq or Saudi Arabia at the world price.
What's that got to do with it? They sell to the highest bidder. Which is the point you're missing: the prices are HIGHER IN OTHER COUNTRIES.
So our gas is cheap by comparison!
As more Americans are unemployed, fewer need as much fuel. Foreign governments are willing to buy products refined from oil for their strategic reserves and manufacturing economies. When our default process is further along, we won’t need much fuel at all.
A market is a market. It makes no difference in a free market where the oil goes. That is, until economically ignorant busybodies start interfering with the market with ill-conceived tariffs, taxes and regulations which drive up the price even higher in the home country.
Yep. RandY Paul supporters.
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