Letters to the Editor
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So uh, just who is going to sign a law to enforce a windfall profit tax on oil companies?
Bush? On yeah, Bush will help the American people against the oil companies, especially if it means he has to sign a bill put forward by the Democrats. Right.
I am someone who has to be on the road continually for the next 6 months in a van. A three-month moratorium on the gas tax will give me, maybe, $200 break. I can eat the $200, raise my prices ten cents a item.
This, as well as tax rebates, are political gimmicks, nothing else. The loss of revenue always has to be made up somewhere else.
But it does not solve the problem, or even address it.
The real question is: Why has the cost of a barrel of oil risen from the mid-20s, to $120 a barrel today, since 2000? I don't believe it is all OPEC's fault, and I don't believe it is only because of consumption. I believe there are deals being made, nest eggs being feathered, payoffs and profits being hidden away.
Perhaps if that was investigated, those profits could be confiscated and applied to the price of gas.
Follow the money.