Only politicians can get away with lies like this. We will pay the tax, together with all of the existing gas taxes that we pay at the pump. Those taxes that were meant to maintain the road, but that are used to buy votes on election day.
I got news for y’all, the oil companies are out of money. They are burning to the ground right now.
Believe whatever you want to but at this price NOTHING IS GOING TO BE DRILLED. Inside two years at the current pace there will be about 5,000,000 barrels a day less oil available than we now consume. Not only will the price spike you will have to wait in line for it. I know that because I have been doing oil and gas economics and drilling wells and building projects for 40 years. The companies are letting people go so fast we can’t count them going out the doors. These were good jobs. Jobs that earned enough to buy things and keep other people employed as well.
This is happening because Obama and his gang of thugs want it to happen. I have evidence that is in the EIA data files that 80,000,000 barrels of oil was moved into storage in the first 3 months of 2015, probably from the SPR. It drove the nail in the crash of oil prices and has set up shortages and a price spike in the next two years. The Saudis are participating because they are scared to death of the Russians and the Iranians and Obama has promised to protect them if they will play along. What they are doing is irrational and they are doing it because they are being extorted and are scared to death.
The oil companies don’t pay shit, you do. They can’t give anyone $10 a barrell without first getting it from someone else and they have to get it from YOU.
FUD. Fear, Uncertainty and Doubt. It is the toolkit of Obama and it is tearing us apart at the seams.
I’m just one stupid old man out hear trying to figure out what to do but can’t do anything alone. I can’t educate enough people fast enough to get any help.