The Electric Car, or MPG "what me worry?" Message Board

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Technology Stocks : The Electric Car, or MPG "what me worry?"

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To: HPilot who wrote (636)	12/6/2008 11:05:33 AM
From: RetiredNow	Read Replies (1) of 17479

Demand destruction has been an important part of the reason why the price of oil has collapsed. However, our government continues to spend tens of billions to secure our oil supplies all over the world. If that was included in the price of oil, then the price of gas would be much higher. Gas prices are below $2 now. If they taxed gas to pay for all the oil subsidies including securing our oil supplies, then gas prices would be double what they are now. It's that simple. Of course, I recognize that there are many people who want to ignore these costs. Are you one of them?

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