Full Disclosure Would be Helpful
by
MikeL5599
05/23/2008, 12:33 PM #
I am so sick and tired of pundits telling us we should feel "lucky" that we "only" pay $4 a gallon for gas, compared to Europeans who pay so much more.
Please for once tell the whole truth. Yes, in England it costs about $8 a gallon for gas, and 66% of that cost is government TAX. (Look it up, if you don't believe me). How do you think they pay for a universal healthcare plan? Now, Mr. Bryce, with that in mind - are we actually "lucky" to "only" pay $4 a gallon? And let's make another comparison, shall we? In Saudi Arabia, consumers are paying .45 cents a gallon for gas.
And how idiotic to compare the cost of gas at a time when automobiles were new, when refineries were few, when the technology to refine gas was in its infancy and thus much more expensive, to the current timeframe. Guess what? My first VCR cost me $500, and it had a wired remote. They now go for $20 at Wal-Mart.
We are victims of speculators, plain and simple. When the price of gas and oil is allowed to rise based on "the fear" that something will happen, we've reached a point where it's time to reign in commodities speculation.