Steve said:
Not surprising that someone would turn this into Bush's fault, since he controls the entire world oil market. I'm sure Clinton (either of them) would have the whole thing sorted out by now.
Thats a no brainer if you consider the fact that what you pay for gas is Taxed to death.
Lets just say 50% of the gas price is taxes.
50% of $3.00 is sure a lot more than 50% of $1.00
Gas ,Tires Cigarettes and Alcohol are Taxed to death. The Government, more than likely makes more money than the manufactures on these items.
As far as the oil refineries in the gulf. That's a sorry azz excuse.
We have 3 just in Richmond VA And another dozen or so in PA and if I recall there is also one in Baltimore. This isn't even counting the ones spread out through other states like TX, OK and CA.
The real picture is the Government is creating revenue through raising Gas Prices.