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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (256194)	10/18/2005 5:17:50 PM
From: American Spirit	Respond to of 1572507

Oil is not a product people can boycott or stop buying. If all the oil companies are working together in cartel fashion, which they certainly do, especially under Bush-Cheney, then you basically have a license to steal by over-charging, and we the people can't do anything about it except drive or heat our homes less. It has always been a problem for the government to investigate gouging accusations, but especially since deregulation and the Bush-Cheney Texas gang coming into power. The oil companies now act above the law and charge whatever they want to. They rig the markets whenever they feel like doing so. This also goes for natural gas and electrocity to varying degrees. I don't see how you can deny this after the evidence from the Enron case. All the energy companies were in it together supporting each others' gouging. No competition whatsoever. Also just use your common sense. Bush and Cheney are both from the oil business and together with all their pals they can and have manipulated pricing. Therefore, we need new laws and regulations, as well as windfall profits taxes, to stop this. To answer your question, any profits made above $35 or $40 a barrel for instance could be double-taxed. That money could then be put into developing clean fuel alternatives. The same way the tobacco companies pay for medical care and anti-tobacco ads.