Originally Posted by Rwalker
it wont help the price at the pump, because they will just say our dollar is even weaker so they can justify the record pump prices. the economy stinks, our dollar isn't so mighty anymore. i honestly feel that the prices will never drop below what they are now..
How right you are ! While the price of a gallon of gas in Europe is nearly double our $4-5 range. And some like to point out how much more expensive it is over there to justify the relative "cheapness" or our prices. Nearly 50% of their cost is associated with taxes on fuel .... so their real cost is almost the same since our taxes our low compared to theirs.
A lot of the increase in our prices at the pump has a more to do with the decreasing value of our dollar than any politician is willing to admit. Because that would be equivilent to accepting blame for the prices ...
Why do that when you can blame it on oil companies, environmentalists, India, China, Sputnik, Global Warming, MS Vista ...