"Mark" <bogusmailmark@yahoo.com> wrote in message
news:1164029347.080171.275710@e3g2000cwe.googlegroups.com...[color=blue]
>
> JoeSpareBedroom wrote:[color=green]
>> "Scott in Florida" <askifyouwant@mindspring.net> wrote in message
>> news:gmp0m2di425sdtnlblrfavfhd2gnpc7v9s@4ax.com...[color=darkred]
>> > Surprise, Surprise....
>> >
>> > The Dims want to raise taxes and gas prices....
>> >
>> > [url]http://hosted.ap.org/dynamic/stories/C/CONGRESS_ENERGY?SITE=7219&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2006-11-19-03-54-44[/url]
>> >
>> > Scott in Florida
>> >[/color]
>>
>> That's not what the article says, dummy. And, you have no evidence that
>> price hikes would be the result of the legislation described.[/color]
>[/color]
[color=blue]
> Oh no, another Economics drop-out...
>
> What do you think happens to the price when it becomes more expensive
> to explore for new sources? Do you think the government should set
> prices or should there be a balance of supply and demand? Which
> alternative results in a shortage of gasoline?
>[/color]
1) Without knowing the actual numbers, you have no way of knowing what
impact the increased taxes would have on the final price.
2) The article said nothing about the government setting prices, nor was it
even implied.
3) The major price swings we've seen over the past year were due more to
speculation in oil futures. The most recent drop, however, came as the
result of the success of Jack #2 well, by Chevron.
