Not to mention that prices are high because we aren’t building refineries thanks to the environmentalists
This may be a good time to insert a quote from responses to the original article; I assume there are no rules against quoting from a response to the original (?).
I totally agree with this guy:
"...And if we throw in the fact that 85% of the outer continental shelf is out of bounds, ANWR is out of bounds and that we haven't built a nuke power plant or crude oil refinery in almost 30 years, its amazing that we aren't yet paying $10 p/g.
Add in the government's oversized take at the pump, and its quite obvious where the gouger resides.... Washington, D.C."
(Hank)
Government could not only reduce future price growth but - simply by announcing that drilling would be resumed/expanded into these no-go zones, and announcing that new refineries and new nukes would be approved - the price of foreign oil would fall measurably.
Of course I'd be thrilled if they'd tax imported electronics a bit more and high-test* a bit less.
(*) Remember Ethyl? Boy do I miss Ethyl.
(norton)