Quote Originally Posted by admin
the gov could make tax breaks/relief for either the customer or the refiners to adjust the prices.
Congress just gave a tax break to the oil companies, somewhere between 1.4 and 4.6 billion dollars. Meanwhile the oil companies are recording record profits this year.

ExxonMobil 7.64 billion so far this year
BP 5.4 billion
Shell 5.3 billion
Conoco 3.19 billion

Oil is expected to top 70 dollars a barrell by this weekend. With record profits and a massive tax break, you would think there would be a drop in price but its not going to happen. It also makes you really start to wonder who the govt is looking out for. I still have to pay it regadless of price so I dont bother complaining about it.