All Bush would have to do to eliminate high gas prices would to call up the major oil companies. Texacon, Sunoco, all those. He could arrange for a TEN MINUTE meeting in the Oval Office. If he imposed a Windfall Tax on their profits, they would immedietly lower prices. But, he doesn't. And do you know why? Because he is too good friends with them.

Rising gas prices are not due to "price gouging" by the oil companies. World demand for oil is rapidly increasing while the supply is about the same, and that produces price increases. It's the exact same reason that the price of concrete, the price of steel, and the price of copper are continuing to increase. The threat of a windfall tax might decrease gas prices, but it would be to a negligible effect and very temporary. Actually imposing a windfall tax would more than likely make gas prices increase.

I know some people might tear me apart bare-handedly for saying this, but I think gas price increases are not a bad thing. It causes people to buy smaller and less powerful cars instead of huge 300-horsepower SUV's that do 15 miles per gallon. It forces car companies to find new ways to make economical (and therefore green) cars. It's good for environment and, since we burn less gas, it lets us more time to develop electric or hydrogen-powered cars.

Actually, the same amount of gas is being burned, just by different people.

As true as that should be, records show the gas guzzling cars are being bought at the same rate as before........... <_<

Really? Last time I checked, it had gone down, but it might have been a temp lull. Last time I checked was 2 quarters ago, so yeah, its outdated.

You have any records of car sales? I'd be interested in seeing those.

Tell you the truth I only saw it on the news and they talked about the fact that car manufacturers who makes the big gas guzzling cars were reporting the same sales, or maybe slightly higher or lower depending on the model.

This was within the last two or three months I heard it.


But then again, as I do a bit of quick research:
http://www.usatoday.com/money/autos/2006-0...ord-sales_x.htm
http://www.cbsnews.com/stories/2006/06/02/...in1677164.shtml
http://www.msnbc.msn.com/id/9142893/

All I can say is hopefully peopel stop buying those stupid gas guzzlers which are an embarassment to our nation.

Yeah, the links would tend to show that its in fact putting a hurt on the huge cars. Ah well, thats a "plus" I guess.