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House OKs bill to curb gas gouging
The Washington Times ^ | May 24, 2007 | Patrice Hill

Posted on 05/24/2007 4:50:40 AM PDT by Kaslin

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1 posted on 05/24/2007 4:50:41 AM PDT by Kaslin
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To: Kaslin

We need to focus a grassroots effort on forming a national fuel recipe to eliminate the 40+ boutique fuels that are bottlenecking refinery capacity because our foolish Republican leaders lack leadership.


2 posted on 05/24/2007 4:55:28 AM PDT by Nephi (Open borders is the flip side of the free trade coin. It's time for Protectionism.)
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To: Kaslin

If gas prices stay this high next year, ALL incumbents should be voted out of office and should be replaced with congressmen who will drill for oil and gas in federal waters and ANWAR which are, after all owned by ALL the people of the US. That FL and CA senators should keep the rest of the country from accessing oil and gas off their coasts, when those states do not own those waters, is crazy. That enviro-nazis should have more influence in Congress than the rest of the population, who have the jobs that produce the wealth of this country, is obscene.


3 posted on 05/24/2007 4:56:22 AM PDT by kittymyrib
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To: kittymyrib

From what I have read, drilling has nothing to do with it. Supposedly it’s refining capacity that’s the problem. We have enough oil, they just can’t turn it into gas quick enough. So they say. It’s obvious also that Americans and the world are using a lot more energy than before. And finally, I have to assume pretty much whatever they do on the subject in DC favors the wrong ppl.


4 posted on 05/24/2007 5:03:52 AM PDT by Huck (Soylent Green is People.)
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To: Kaslin
You want to stop gouging....mandate that any public official elected to the house, senate or as President, neither he or anyone in his family can own stocks affiliated with the oil and energy industries. My guess is after that conflict is removed you may see drilling and real investigations into the industry on market manipulations. Until then, they will give lip service and reap the profits on their stocks...No conflict there.
5 posted on 05/24/2007 5:05:07 AM PDT by never4get
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To: Kaslin

Everytime government gets involved, it’s bad for consumers.


6 posted on 05/24/2007 5:05:14 AM PDT by fatnotlazy
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To: Kaslin

Dumb laws, 101.


7 posted on 05/24/2007 5:05:50 AM PDT by xcamel (Press to Test, Release to Detonate)
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To: never4get

You want to stop gasoline price gouging? First, prove it exists.


8 posted on 05/24/2007 5:08:32 AM PDT by cweese (Hook 'em Horns!!!)
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To: Huck
From what I have read, drilling has nothing to do with it.

Only the last 3 months and the run up from ~$2.40 a gallon.

In the long run, oil prices are still the biggest impact on gasoline price.

The extended refineries outages this spring, combined with the increased demand in spite of higher prices has caused gasoline prices to surge without a run up in crude oil price.

But now gasoline production and gasoline imports are rising.

Demand is still climbing, but not as fast.


9 posted on 05/24/2007 5:10:27 AM PDT by thackney (life is fragile, handle with prayer)
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To: never4get

Just heard on FOX that the Whitehouse says Bush will veto this one.


10 posted on 05/24/2007 5:19:12 AM PDT by panaxanax (Ronald Reagan would vote for Duncan Hunter!)
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To: cweese
Oh please, drink the oil energy industry Kool Aide...

Many prior posts I and others have discussed these issues, gave notice of various websites supporting the gouging. I refuse to rehash the same arguments with you as you already are drunk on the Kool Aide,drink the warm milk and eat the cookies the industry feeds you every day. If I remember right, on another thread, you or one of your fellow energy/big oil industry chums even told someone to start his own oil company and bicycle 20 miles to work or something pathetic like that...you Big Oil defender guys are a real hoot. BTW, do you think there is a conflict in having public representatives of the government own stock in the oil, energy industry when it is alleged regulated in a large degree by those in government who own those stocks?

11 posted on 05/24/2007 5:22:06 AM PDT by never4get
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To: never4get

Excuse me, I didn’t mean to interrupt you while you were watching teletubbies. My bad.


12 posted on 05/24/2007 5:26:22 AM PDT by cweese (Hook 'em Horns!!!)
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To: never4get

Failing to recognize the problem will not get the problems fixed.

Companies keeping 10% on the dollar as profit is not the problem.

Restricting oil production and the restricting new refineries keeps our overall market tight and upsets have greater impact.


13 posted on 05/24/2007 5:26:29 AM PDT by thackney (life is fragile, handle with prayer)
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To: Kaslin
Drill.......drill.........drill... What part of this word do the eviro-terrorists not understand?

Rosie may have some sage advice for us on this issue....she is a driller...right?


14 posted on 05/24/2007 5:31:16 AM PDT by cbkaty (I may not always post...but I am always here......)
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To: thackney; never4get

Careful you two. You may be accused of rational thought. We can’t let THAT get in the way of our raw emotions over gas prices.

;)


15 posted on 05/24/2007 5:32:11 AM PDT by poobear (Capitalism is judged by its flaws and worst examples, Socialism by promises and good intentions)
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To: panaxanax

Good


16 posted on 05/24/2007 5:36:08 AM PDT by Kaslin (Fred Thompson for President 2008)
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To: never4get
Fabulous! How about this idea?

We REQUIRE every citizen to buy oil and gas stock (or royalty trusts, etc) with 0.5% of their gross income a year. That way everybody wins.

17 posted on 05/24/2007 5:37:37 AM PDT by bvw
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To: cweese; All

A lot has to do also with the speculators who drive the oil prices up


18 posted on 05/24/2007 5:37:41 AM PDT by Kaslin (Fred Thompson for President 2008)
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To: never4get

What stops you from owning the oil stocks?


19 posted on 05/24/2007 5:38:29 AM PDT by bvw
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To: Kaslin

is this to take effect before or after they lower the federal tax on gas?


20 posted on 05/24/2007 5:40:08 AM PDT by newnhdad
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