Posted on 05/23/2007 10:19:31 AM PDT by CharlesS
The United States House of Representatives, responding to citizen complaints about the high price of gasoline voted yesterday to pass the "Gas Tax Relief Act of 2007". In an effort to lower consumer burden during the summer driving months, Congress has rolled back the 18.4 cents per gallon federal tax on gasoline, and sent a strong message to the individual States whose gasoline taxes are as high as 33 cents per gallon to do the same. If the States were to follow the Federal Governments lead this could mean a reduction in gasoline prices by an average of 40 cents per gallon, with the higher taxed States saving as much as 51 cents per gallon.
If you are wondering why you have not read about the "Gas Tax Relief Act of 2007" in the newspaper, the answer is simple. There is no such legislation being proposed in Congress. What the House of Representatives voted on yesterday was "No Oil Producing and Exporting Cartels Act of 2007", or NOPEC. The bill which passed by a 345-72 vote, would revoke the sovereign immunity OPEC members currently enjoy from U.S. legal action and allow the Justice Department to sue them in U.S. courts.
Rather than pass legislation which would have an immediate impact on American consumers, the House of Representatives have decided to pass legislation which would take years to show any results. Unfortunately, this legislation if passed into law may actually produce higher gasoline prices if OPEC decides to retaliate by lowering production.
Approximately 40% of our Country's oil is provided by OPEC members, therefore it would not be a wise decision to make enemies of them by filing lawsuits in U.S. courts. As an alternative, Congress should be looking for ways to lower America's dependence on OPEC, either through alternative means of energy, or alternative sources of oil.
For over 20 years the controversy over drilling for oil in the Arctic National Wildlife Refuge (ANWR) has been ongoing with several attempts to open the region for drilling defeated. In the 1990s, President George H.W. Bush's National Energy Bill authorized drilling in ANWR, but a filibuster by Senate Democrats kept the measure from coming to a vote. In 1995, Republicans prepared to take up the battle again and included a provision for ANWR in the federal budget. President Bill Clinton vetoed the entire budget and expressed his intention to veto any other bill that would open ANWR to drilling.
In 1998 a U.S Geological Survey estimated there to be at least 5.7 billion billion barrels of recoverable oil, with possibly as much as 16 billion barrels. If drilling were to take place in this region the influx of oil into the market place would cause prices to go down, effectively ending the "crisis".
Congress has largely ignored alternative means of reducing consumer gas prices and opted for Judicial action instead. Interestingly, the bill only refers to foreign States who attempt "to set or maintain the price of oil, natural gas, or any petroleum product;" Apparently domestic States would be considered exempt from this legislation.
Currently there are about a dozen States which have price controls on gasoline, not to put a maximum price, but to set a minimum price. Recently in Wisconsin a gas station owner was threatened with a lawsuit from State regulators unless he raised his prices. The service station owner had offered a 2 cent per gallon discount to senior citizens. The state Department of Agriculture said those deals violate Wisconsin’s Unfair Sales Act, which requires stations to sell gas for about 9.2 percent more than the wholesale price.
Rather than address solutions which Congress has direct control over, they have decided to do what most Americans do when they are unhappy. Sue!
...every time I do mow it the cost is $22 for gas!
I run a Craftsman electric mower - wanna buy some carbon offsets?? :)
I’ll pass on the offsets but I’d pay to watch you attempt to mow my lawn with your lil electric mower...lol
Sue CITGO..an easy target
Why are you against an American company that provides an item you need?
Did you know that the Gov’t makes more off a gallon of gas than Exxon does?
This anti-corporate mindset is so self-defeating.
If the Gov’t really wants to give people relief from high gas prices, they can get rid of the tax!!! Immediate 25% reducation in pump price!
IF, on the other hand, they want people to use LESS gas (which at least the Dems say they do), let the prices go even HIGHER!
Me, when it starts to hurt to drive as I do, I will change. Until then, I will pay what it costs.
I do however believe in the power of the people. There is no reason other than greed behind the 45 cent increase to gas prices this week. "We the people" have the right and the power to go after any entity which we believe is hurting us.
In a capitalist society such as ours, companies have the right to make as much profit as possible. With that right comes a responsibility to take care of their customers. Because big oil has us bent over the barrel, they have forgotten about their responsibility. It is incumbant upon us, "We the People" to remind them of that responsibility.
If you are content with the way you are being treated by big oil, that is fine. However, those of us who are being hurt by their greed have a responsibility to take appropriate action on behalf of ourselves and our families.
Good find.
Yes, roll back federal and state gas taxes. Then scream bloody hell when road construction and maintenance stops and the money no longer flows to contractors.
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