The Motley Fool Discussion Boards
Fun & Games / Humor and Urban Legends
|Subject: Re: Gas Prices....||Date: 10/3/2012 12:04 PM|
|Author: telegraph||Number: 156054 of 171385|
"and this has anything to do with what Obama has done during his presidency? It's unregulated gas companies that have done this! I say put a cap on profits of gas companies.. anything over the limit goes to towards the federal deficet"
the oil companies are the most regulated in existence.
They make 8 to 10c a gallon on gas. The feds and states take in 50-70c per gallon in most states in taxes!....
And this was a promotion in MI....the station sold gas at that price for a few hours. Needless to say the line was a mile long.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|