Are our elected officials helping the oil industry take our country for a ride?
A windfall tax is ridiculous, who decides when a corporation is too sucessful? Should we penalize Google and Microsoft?
The price of gasoline is affected by several things, foremost, the price of crude oil. This is set by the world market, not the oil companies or the US government. US refiners are operating at or near 100% capacity, but it is difficult to get a new refinery built in the US.
Our EPA standards for automobiles are alot higher than most of the rest of the worlds standards, if someone can afford a Mustang or a Hummer and that is what they want to drive, what kind of invasive government would outlaw that?
In the 90's when oil was trading at $10 a barrel, gas was inexpensive and the oil companies were losing money, that is how a free market functions. You are free to buy yourself a hybrid if you want to, but no one should be able to force that decision on the American public.