Or is it only ok because its corporations who are taxing us?
“Therefore, if todayâ€™s oil markets were based on supply and demand fundamentals, drivers would be paying about a dollar-and-a-half less per gallon, or around $20 less each time they fill up their gas tanks.”
In other words speculators (hedge funds, banks, oil producers like the Kochs) get a buck fifty for every gallon you purchase.
If you drive 10,000 miles at 25 mpg, that equals 400 gallons.
400 x $1.50 = $600
25,000 miles per year at 25 mpg?
If you have an older car or a truck?
It gets ugly quick.
at 15 mpg, assuming you only drive 10,000 miles = $1,000
Again – you did not elect the speculators.
Your speculator money is not going to a noble cause.
Instead we have propagandists for those same speculators trying to blame the president for high gas prices.