so much for their campaign promises. Thought they were not going to let them get this high again.
2007-04-23 16:59:09 · 18 answers · asked by Anonymous in Politics & Government ➔ Politics
Congress and the administration have no power or authority to change, raise or lower the price of gasoline.
They can increase or decrease the federal tax on gasoline.
But that is the limit of their power and authority.
EDIT:
ED Mike, you need to do somemore research,
The wind falls profit tax hasn't existed since 1988, when the Democrat Controlled Congress did not reauthorize it again.
EDIT #2:
Here are some articles about Exxon and Chevron making record oil profits back when Clinton was President, Im sure someone will try and blame those record profits on Bush too.........lol
2007-04-23 17:06:21 · answer #1 · answered by jeeper_peeper321 7 · 4⤊ 1⤋
The price of gas is effected primarily by the price of crude oil on the market. Neither the Democratic Congress, nor President Bush really has all that much control over the price of gas.
2007-04-24 00:09:28 · answer #2 · answered by msi_cord 7 · 3⤊ 1⤋
If YOU'D pay attention, the President is the cause of the currently high gas prices, and the gas prices were this high when the REPUBLICANS HAD CONTROL OF CONGRESS.
Nice try on feigning responsibility. Typical Republican...
2007-04-24 00:19:59 · answer #3 · answered by linus_van_pelt_4968 5 · 1⤊ 1⤋
You're blaming the Democrats for something that has been going on a few years....and I'm sure the Oil corporations are owned by Democrats...not
2007-04-24 00:27:08 · answer #4 · answered by Ford Prefect 7 · 0⤊ 1⤋
Just Nancy, she had a few campaign donations she had to cover. It's the same dance different partners.
The American public question should be, "Will you save the last dance for Me?"
2007-04-24 01:12:28 · answer #5 · answered by Anonymous · 0⤊ 0⤋
It was the greedy oil companies. Until the there is a way to control the cost of oil the companies are going to continue to stick to the consumer.
2007-04-24 00:16:49 · answer #6 · answered by Chillin-it 7 · 1⤊ 1⤋
The democrats or republicans don't control the price of Gas, its the comodities traders, they make money buying and selling oil futures so they don' t care what happens, as long as it continuously goes up or down.....Nuf Said
2007-04-24 00:04:54 · answer #7 · answered by Elo Fudpucker 5 · 5⤊ 2⤋
Well, somebody is getting rich. I monitor the OPEC website. Crude oil has actually fallen $2.00 a barrel over the last coupla weeks.
Of course, our president and his cronies are all oil-rich and they really have no interest in lowering prices.
2007-04-24 00:17:26 · answer #8 · answered by Anonymous · 1⤊ 2⤋
want the truth about gas and gas prices?
google video, subject Peak oil and watch the video, The History of oil.
That should clear it all up.
There is a plus too..parts are funny so it is not boring.
2007-04-24 00:07:39 · answer #9 · answered by Paul D 3 · 2⤊ 2⤋
How the heII are the Democrats supposed to raise or lower gas prices you dimwit?
The fact is Your President GWB got rid of the windfall profits tax. So the big oil companies have been price gouging with out fear of paying extra taxes on their exorbitant profits.
2007-04-24 00:06:00 · answer #10 · answered by Anonymous · 5⤊ 5⤋