Gas at $6 per gallon? Get ready - Mercedes-Benz Forum

Reply
 
LinkBack Thread Tools Display Modes
post #1 of 18 (permalink) Old 06-21-2007, 08:48 AM Thread Starter
~BANNED~
 
Jakarta Expat's Avatar
 
Date registered: Aug 2006
Vehicle: PM me to Join the Expat Muslims for Obama Club........
Location: Jakarta, Indonesia
Posts: 17,697
Mentioned: 0 Post(s)
Quoted: 3 Post(s)
(Thread Starter)
Gas at $6 per gallon? Get ready

Gas at $6 per gallon? Get ready

Get ready for Congress to solve the energy problem just as it has previously solved the illegal immigration problem. A bill being debated in the Senate this week is described by some of its supporters as “far from perfect” but “a good start.”
A good start, yes, to higher gas and food prices, to new taxes and to forcing consumers to pay for high-cost “renewable” energy sources — solar and wind, for example — that are to energy independence what bicycle trails are to traffic-congestion relief.
The Senate bill, grandiosely and falsely dubbed the Renewable Fuels, Consumer Protection and Energy Efficiency Act of 2007, should come with a section prohibiting price gouging — by Congress. The legislation “could result in significantly higher prices for gasoline consumers,” according to Heritage Foundation researchers. “A review of S. 1419, including the just-completed section on tax changes, reveals that the bill could increase the price of regular unleaded gasoline from $3.14 per gallon (the early May national average) to $6.40 in 2016 — a 104 percent increase,” write Heritage Foundation researchers William W. Beach and Shanea Watkins.
“Gas consumers can expect to pay between $3.16 and $3.79 a gallon for gas in 2008 after adding in the estimated impact of the Senate energy bill. By 2016, all states can expect gas prices in excess of $6. As a result of S. 1419, consumers would spend an average of $1445 more per year on gasoline in 2016 than in 2008,” they write.
With the the concurrence of the ranking Republican on the Senate Finance Committee, Charles Grassley of Iowa, and others (Gordon Smith of Oregon, Olympia Snowe of Maine and Pat Roberts of Kansas, all Republican), the committee is proposing $29 billion in new taxes on oil companies. The tax is to subsidize wind and solar power, hybrid vehicles and biofuel. The bill calls for a sharp increase in the use “renewables,” including heavily-subsidized ethanol, up from 8.5 billion gallons next year to 36 billion gallons by 2022. And it requires, too, that utilities would be required to buy at least 15 percent of their energy from wind, solar and other “renewable” sources.
Ethanol requires more energy to produce than it generates as fuel, to say nothing of the water required for irrigation in areas like drought-stricken South Georgia. It’s subsidized by taxpayers with a 51-cents per gallon tax credit, and it’s subsidized again at the pump with a 54-cents-a-gallon tariff on imported ethanol. Go figure.
The provision, too, that would “protect” consumers from “price gouging” is an invitation to price controls. And that’s an invitation to economic disaster. This comes, incidentally, despite the fact that no reputable studies establish that price gouging has occurred.
Borders were made secure and the illegal immigration problem was solved in 1986. And now the energy problem is about to be solved, too.

Gas at $6 per gallon? Get ready. | Thinking Right | ajc.com
Jakarta Expat is offline  
Sponsored Links
Advertisement
 
post #2 of 18 (permalink) Old 06-21-2007, 09:29 AM
KamiL
Guest
 
Posts: n/a
Mentioned: Post(s)
Quoted: Post(s)
It says by 2016....most of you old guys will not be around until then so why worry?
post #3 of 18 (permalink) Old 06-21-2007, 09:43 AM
BenzWorld Elite
 
Jayhawk's Avatar
 
Date registered: Aug 2005
Vehicle: S500/W220/2000
Location: Lawrence, KS (USA)
Posts: 21,652
Mentioned: 0 Post(s)
Quoted: 3 Post(s)
Jayhawk is offline  
post #4 of 18 (permalink) Old 06-21-2007, 09:52 AM
430
BenzWorld Elite
 
Date registered: Oct 2002
Vehicle: SLK32, ML430
Location: Atlanta, GA
Posts: 6,349
Mentioned: 0 Post(s)
Quoted: 0 Post(s)
No need to worry. We all know that we have long surpassed peak oil and will be out of fossil fueles by 2016 anyway.

Plus it is congress they know what is best for us. They know Americans are greedy bastards and need to pay more.
430 is offline  
post #5 of 18 (permalink) Old 06-21-2007, 10:24 AM
BenzWorld Elite
 
FeelTheLove's Avatar
 
Date registered: Sep 2004
Vehicle: 83 Astral Silver 280 SL
Location: Planet Houston
Posts: 28,829
Mentioned: 0 Post(s)
Quoted: 8 Post(s)
High gas prices would be the best thing that ever happened to this country. It would provide the tax revenue to support the science to develop solar, nuclear and clean coal technologies so we would not have to buy our gas with the blood of our children. It would also force the purchase of more fuel efficient cars, resulting in less emissions of greenhouse and noxious gas. I hope it goes to twenty fucking dollars a gallon.

Recall that earlier generations faced down fascism and communism not just with missiles and tanks, but with sturdy alliances and enduring convictions. They understood that our power alone cannot protect us, nor does it entitle us to do as we please. Instead, they knew that our power grows through its prudent use; our security emanates from the justness of our cause, the force of our example, the tempering qualities of humility and restraint.

-President Barack Obama, 1st Inaugural address
FeelTheLove is offline  
post #6 of 18 (permalink) Old 06-21-2007, 10:43 AM
BenzWorld Elite
 
elau's Avatar
 
Date registered: Oct 2002
Location: Maryland
Posts: 5,392
Mentioned: 0 Post(s)
Quoted: 4 Post(s)
Quote:
Originally Posted by FeelTheLove
I hope it goes to twenty fucking dollars a gallon.
I am with you there, pal. Hope it goes up to $30 a gallon. I would even willing to bet someone is going to drag W out of his WH and beat the living crap out of him when that happens. I will be sitting on a lawn chair in front of the WH drinking a cold one watching the drama. And enjoying every minute of it.

'95 R129
'04 G35.5 BS
'10 X204
elau is offline  
post #7 of 18 (permalink) Old 06-21-2007, 11:15 AM
430
BenzWorld Elite
 
Date registered: Oct 2002
Vehicle: SLK32, ML430
Location: Atlanta, GA
Posts: 6,349
Mentioned: 0 Post(s)
Quoted: 0 Post(s)
Quote:
Originally Posted by FeelTheLove
High gas prices would be the best thing that ever happened to this country. It would provide the tax revenue to support the science to develop solar, nuclear and clean coal technologies so we would not have to buy our gas with the blood of our children. It would also force the purchase of more fuel efficient cars, resulting in less emissions of greenhouse and noxious gas. I hope it goes to twenty fucking dollars a gallon.
We are supposed to be a "free country" and you want to force people to do something? That is not very democratic.

We saw how well dumping hundreds of millions of dollars into solar during Carter's admin did.

Fuck the artificial manipulation of the economy, the people, and the country.

You do realize that cars are attacked as greenhouse polluters because they are an easy target don't you?
430 is offline  
post #8 of 18 (permalink) Old 06-21-2007, 01:04 PM
BenzWorld Elite
 
Jayhawk's Avatar
 
Date registered: Aug 2005
Vehicle: S500/W220/2000
Location: Lawrence, KS (USA)
Posts: 21,652
Mentioned: 0 Post(s)
Quoted: 3 Post(s)
Quote:
Originally Posted by FeelTheLove
High gas prices would be the best thing that ever happened to this country. It would provide the tax revenue to support the science to develop solar, nuclear and clean coal technologies so we would not have to buy our gas with the blood of our children. It would also force the purchase of more fuel efficient cars, resulting in less emissions of greenhouse and noxious gas. I hope it goes to twenty fucking dollars a gallon.
That would be disastrous for our economy. People need to be able to drive to work and in turn keep our economy strong. Your suggestion would bring the US to its knees. Just this morning the head of Chevron addressed that issue.

Click on this link Chevron CEO discusses energy prices under "This Weeks Highlight's" at this site: MSNBC - Today Show Video Front Page

Don't believe everything you think
Jayhawk is offline  
post #9 of 18 (permalink) Old 06-21-2007, 01:07 PM
BenzWorld Elite
 
Jayhawk's Avatar
 
Date registered: Aug 2005
Vehicle: S500/W220/2000
Location: Lawrence, KS (USA)
Posts: 21,652
Mentioned: 0 Post(s)
Quoted: 3 Post(s)
Quote:
Originally Posted by elau
I am with you there, pal. Hope it goes up to $30 a gallon. I would even willing to bet someone is going to drag W out of his WH and beat the living crap out of him when that happens. I will be sitting on a lawn chair in front of the WH drinking a cold one watching the drama. And enjoying every minute of it.
The only "drama" is between your ears...

Don't believe everything you think
Jayhawk is offline  
post #10 of 18 (permalink) Old 06-21-2007, 02:41 PM
DP
Moderator
 
DP's Avatar
 
Date registered: Aug 2002
Vehicle: 190E, 400E, SLK350
Location: Chesapeak Bay
Posts: 64,125
Mentioned: 2 Post(s)
Quoted: 991 Post(s)
Lifetime Premium Member
Yeah so the taxes will go right into supporting and financing other wars. Our government is not set up for fiscal responsibility and does not work for the people, when is that going to sink in?
DP is offline  
Sponsored Links
Advertisement
 
Reply

  Mercedes-Benz Forum > General Mercedes-Benz Forums > Off-Topic

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Mercedes-Benz Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in











  • Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
     
    Thread Tools
    Show Printable Version Show Printable Version
    Email this Page Email this Page
    Display Modes
    Linear Mode Linear Mode



    Similar Threads
    Topic Author Forum Replies Last Post
    Gas to hit over $4 a Gallon!!! NewMBie W126 S,SE,SEC,SEL,SD,SDL Class 55 09-06-2005 05:08 AM
    Six Dollar a Gallon Gas in Atlanta... Aug 31st Gocargo Off-Topic 8 09-01-2005 08:28 PM
    Gas to hit 4 dollars per gallon by the end of the year Jamison Off-Topic 23 04-05-2005 06:26 AM
    OT: Finally got it, but already had to gas up. @ 2.61 / gallon, I'm staying home Man-Du-Ru-Gas W163 M-Class 20 03-19-2003 06:37 PM
    1999 SLK Sport w/Auto Trany on Citgo Gas: 35.74 miles to the gallon? Douglas R170 SLK-Class 1 11-19-2000 11:12 PM

    Posting Rules  
    You may post new threads
    You may post replies
    You may not post attachments
    You may not edit your posts

    BB code is On
    Smilies are On
    [IMG] code is On
    HTML code is Off
    Trackbacks are On
    Pingbacks are On
    Refbacks are On

     

    Title goes here

    close
    video goes here
    description goes here. Read Full Story
    For the best viewing experience please update your browser to Google Chrome