If you are a Democrat, the object of your ire for the high price of gasoline is the oil companies. But no one has stepped forward and said how more taxes on the oil industry will produce more fuel.
The stockholders of more than 5 billion shares of Exxon-Mobil will receive approximately 8.5 billion dollars this year in stock dividends. Those stocks are in the portfolios of most with an IRA account, retirement fund, and private investors. Taxing the energy companies such as Exxon will only hurt everyone involved. A tax will not increase the oil supply, nor will it reduce the price of gasoline. More than likely it will increase that price.
Why then does a Liberal congress want to screw the American public? For one thing, there is the global warming swindle. Manipulating the idea of manmade global warming into a power grab is at the root of the problem. That is why we are prevented from achieving energy independence. Drilling and exploration off the continental shelf, ANWR, and failure to take advantage of the plentiful shale oil formations in the Rocky Mountains has created the shortages we see now. The power hungry Liberals sell this crazy scheme to the public as saving the planet by forcing us to use less fuel. Preventing the predicted catastrophe of global warming takes precedent over the national economy, or the well being of the citizens. The application of logic is not in their system. The Liberals insatiable thirst for power is at the root of their stupidity.
The coming winter is going to be even harsher than the previous one. What are the mindless Liberals going to do about heating homes this winter, raise taxes again on the oil companies? Like that will solve a shortage problem. Liberals can't resist any excuse to raise taxes. It should be obvious that they want power and control, and he who has the money, has control. If left to the Liberals, the Government will control the capital and they will control the Government.
Cheers,
-Robert-
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