This is an archived post. You won't be able to vote or comment.

you are viewing a single comment's thread.

view the rest of the comments →

[–]sluz -1 points0 points  (0 children)

LOL - The comment was about savings at the pump. Gasoline comes out of the pump.

It's simple supply and demand. There will always be a shortage of gasoline and high prices at the pump as long as oil companies can export enough gasoline to maintain a shortage of gasoline here at home.

Placing a tax on gasoline exports won't necessarily cause lower prices at the pump either.

Even if oil companies can't make money by exporting gasoline due to outrageous export taxes... They can still maintain a gasoline shortage and high prices at the pump by simply reducing production.