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Prices at the pump got you mad?

Posted By RBuffordTJ On July 28, 2008 @ 9:55 pm In Gas Prices, RBuffordTJ, Coherent Thoughts, Politics, Current Events | 3 Comments

*Hold on to your hats for a sec*

All we are hearing from Washington, and I mean all of them from both parties, is “we are looking for a way to help the American people now”. They want to save you money at the gas pumps, they want to ease your burden and make sure you have what you need when you need it. Um, yeah. Anyone falling for this?

The government asked us to cut back out use of oil, which most people have done in one way or another because it is so expensive right now, but the point is WE DID. Most responsible people don’t leave extra lights on in rooms your not using, we don’t leave cars idiling just for the heck of it and many of us are cutting costs wherever possible to save our wallets. Good, all of that is good.

But wait…..

Now the congress is trying to slip a quiet $0.10 extra Federal tax onto every single gallon of gas you buy. What? Yes, it is that simple. Their reason? The American people are not buying enough fuel to keep the tax revenue coming in so they have to increase the cost to up the intake of the Federal government. Bufford! You can’t be serious! Yes, yes in fact I am.

But I thought it was the evil oil industry that was the enemy. Well, are they? Look at the numbers. First, in Florida the state makes $0.08 on every gallon sold. The Feds make $0.30 on every gallon sold in our country (and that will be $0.40 soon with the new tax). So the total they make off of us every time we pump is $0.38 (don’t forget the stupid .9 at the end) and that is without the upcoming tax.

Exxon, who posted profits that pissed off (what seemed like) every working person alive makes how much profit off of each gallon they drill, pump, refine and sell? Ready for the gross, horrific, inhumane number? Hold on…here it comes…. $0.08 cents for every gallon. What? No, wait, that can’t be right. Yes, yes it is. Add to that, if your a working American who has a retirement plan of any kind, your money is invested heavily with this and every other oil company out there. So what happens if the government does as one candidate is suggesting and takes control of that money and forces them to do with it as he wishes, or worse penalizes them with a huge tax for daring to make a profit that big? Your retirement is going down the crapper is what! You will suffer at the pump and in your retirement years too.

Still want to hang Exxon? Well you better hurry, that company is a whole 3% of the world’s oil market. Yes, a whopping 3%.

Why are we mad at the company? Why are we not screaming for the heads of our elected ‘representatives’ in Washington? They get more of your money with every gallon pumped!

This is fact, not opinion, so if your upset about me saying it I guess you need to find a wall to beat your head on, because these are facts that won’t change by screaming about little bitty Exxon and its 3% of the world’s oil market and $0.08 cents per gallon profit. I hope they keep my retirement fund strong because I look forward to it one day.

Bufford
*if your going to get mad, get mad at the facts, there is no need for propaganda*


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