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11 answers

Absolutely

They have by inaction caused prices to be much higher than they need to be. Specifically,

1. Refusing to allow drilling in most of America. By drilling for oil in the US, we would not need as much foreign oil and thus stop financing our oil producing enemies: Iran, Saudi Arabia, Venezuela, etc.

2. Allowing over 50 different blends of gasoline. If we had one, prices would go down dramatically.

3. Gas taxes: 18.4 cents per gallon for federal taxes. Variable rate for most states. The state situation explains why we have fast growth and fast decline in prices. The state taxes are not a flat rate per gallon. In CT, they do not even disclose to gas station owners what the taxes are.

2006-10-01 11:12:00 · answer #1 · answered by Chainsaw 6 · 1 3

Chainsaw got it half right.
What US. can control is how and where they get their oil. OPEC has a hold on our neck when they change oil prices.

1. Refusing to allow drilling in most of America. By drilling for oil in the US, we would not need as much foreign oil and thus stop financing our oil producing enemies: Iran, Saudi Arabia, Venezuela, etc.

Drilling in national park wilderness that is. The ecological damage sustained will effect nature and other industries in the area.

2. Allowing over 50 different blends of gasoline. If we had one, prices would go down dramatically.

If you want government run economy, sure. Why not do that to milk, bread, textiles too.

3. Gas taxes: 18.4 cents per gallon for federal taxes. Variable rate for most states. The state situation explains why we have fast growth and fast decline in prices. The state taxes are not a flat rate per gallon. In CT, they do not even disclose to gas station owners what the taxes are.

I agree about this.

Indirectly, we only care about gas prices so much because we havnt looked into the future enough...the development of alternate fuel sources has only begun and congress should have done something about it before the gases went up.

2006-10-01 11:23:11 · answer #2 · answered by leikevy 5 · 0 1

Congress won't be able to look to do some thing for the country, what makes you imagine they could do any challenge about the intense fee of gas? Pelosi says plenty and then does no longer some thing like each and every human beings else in congress, possibly if we ignore about it, it is going to bypass away, thats their magic plan.

2016-12-04 02:48:45 · answer #3 · answered by Anonymous · 0 0

in general No, the oil trading markets do. The only politician that has direction influence on the oil markets is our President. His foriegn policy for and against oil producing countries can greatly influence the market. Iran for example, Bush only recently toned down his tough talk to diplomacy and sanctions, before that he was leading the nation toward the idea of war with Iran.

2006-10-01 11:20:44 · answer #4 · answered by Anonymous · 0 0

Much of the price of gas is tax. States tax gas as well.

2006-10-01 11:13:38 · answer #5 · answered by Teacher Man 6 · 1 1

OPEC usually. But Hugo Chavez is sending oil aide to Eskimos (USA) in Alaska, seems Federal Government USA does not care. Chavez is also considering helping others who are poor in USA to keep warm this year. He did same in the north east USA last winter.

2006-10-01 11:15:18 · answer #6 · answered by rc 3 · 0 1

NO!!!!!!!!!!!!!!!!!!!!1

2006-10-01 11:13:02 · answer #7 · answered by Vagabond5879 7 · 1 1

only indirectly, as in opening fields for oil companies to drill, ect.

2006-10-01 11:17:21 · answer #8 · answered by hillbilly 7 · 1 0

yo chainsaw, how about stick to wood. you are lost when it comes to crude!

2006-10-01 11:19:58 · answer #9 · answered by lc_firefighter 4 · 0 0

only with the taxes

2006-10-01 11:14:46 · answer #10 · answered by art 3 · 1 1

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