Comments on: Whither Fuel Prices and National Energy Policy?

By: Lenzo

Lenzo — Thu, 12 Jun 2008 11:23:45 +0000

Kudzu, you’re right about taxes. But that doesn’t mean we should drill.

By: Kudzu Fire

Kudzu Fire — Thu, 12 Jun 2008 08:40:53 +0000

Drill here. Drill now. Pay Less. Before Barrack Hussein Obama can raise the price. Obama has promised to raise corporate taxes. But corporations don’t pay taxes. You do. Through higher prices.

By: esliana

esliana — Wed, 11 Jun 2008 13:48:46 +0000

With gas prices well over $4, 23/6 has thoughtfully offered up some easy tips for how cope with the oil crisis. For example, have you considered forming a murderous clan? Farming and harvesting greasy adolescent youths as an alternative fuel source? http://www.236.com/news/2008/06/10/are_you_prepared_for_the_comin_7045.php

By: Cheery

Cheery — Wed, 11 Jun 2008 13:47:23 +0000

Rescind Tax Breaks YES, tax windfall profits, NO. As much as I dislike the oil industry, it doesn’t make a lot of sense to me to slap taxes on companies for selling what people are demanding. And that demand is the primary reason that prices are out of control. The one thing the republicans are right about is that taxing profits WILL be the same as taxing people at the pump – the oil companies will pass the price on.
I do agree with trying to stop speculation, though how in the world can you enforce that?
What we need to do is just keep prices where they are, hovering at $4+ a gallon, that’s really the only thing that’s going to change people’s behavior and ironically, the best thing that can happen to the country. If the oil companies profit, so what? They can either get fat and die, or they can start investing their profits in new, renewable ways.

By: Wil Keenan

Wil Keenan — Wed, 11 Jun 2008 11:34:40 +0000

Nice article.
One quick point about the price of oil – I love the fact that oil prices are so out of touch with real demand due because of speculators. 67% of American’s say they changed their driving behavior once oil reached $4.00/gallon and prices continue to soar. (http://www.ipsos-na.com/news/pressrelease.cfm?id=3953)
On another point, do you have any comments to offer towards those who see sharp, yet small, drops in production from Russia, Venezuela (last year, I beleive), and others as a sign that in many regions, oil production may have peaked?