One problem with low gas prices. It will encourage stupid local governments to add even more taxes to gas.
Yep - and idiots who vote FOR it.
That would force many oil production & related : transportation, construction ... businesses to also close, lay off their employees, default on their bank loans, and cause some banks, restaurants, retail stores ... to downsize or close, too.
>> encourage stupid governments to add even more taxes to gas. [ Barry already promoted that idea ]
hence 0 and wish to add $10 per barrel- ostensibly to provide funds to cleanup environment- any of the money actually gets to environment I will be shocked - shocked I tell you
Opinion Commentary
Low Gas Prices Have Politicians Pumped to Raise Taxes
Obama $10a barrel fee wont go anywhere, but states too are eager to try to make drivers pay more.
http://www.wsj.com/articles/low-gas-prices-have-politicians-pumped-to-raise-taxes-1454715709