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Thread: Tired of high gas prices? Congress set to solve that problem. No more gas at ANY price.

  1. #1

    Tired of high gas prices? Congress set to solve that problem. No more gas at ANY price.

    I'll be dipped...this really is Jimmy Carter's era all over again, invading Russians, Afghanistan disasters, runaway inflation, rising interest rates and now "price controls" on fuel products.

    "Price controls" are what caused the second "energy crisis" of the 70's.

    So welcome to 1978 redux, except the drugs will now kill you, the people are uglier, fatter and more stupid, the cars all look the same, Superman is a fagggot, nobody is getting laid, oh yeah, and the music sucks ass as well.

    Enjoy!


    Ban on ‘Excessive’ Gasoline Prices Is Heading for House Vote

    https://finance.yahoo.com/news/ban-e...160811013.html

    Ari Natter and Billy House

    Thu, May 12, 2022, 1:07 PM

    (Bloomberg) -- The US Congress will vote next week on legislation barring “excessive” or “exploitative” fuel prices.

    The measure, which is unlikely to garner the Republican support needed to become law, would prohibit price increases during national energy emergencies declared by the president.

    “Price gouging needs to be stopped,” House Speaker Nancy Pelosi said Thursday after announcing the bill. “This is a major exploitation of the consumer.”

    It marks the latest attempt by Democrats to tame sky-high energy costs before facing inflation-weary votes at the polls in November. Retail gasoline prices has been rising for nearly three weeks, reaching new records for each of the past three days.

    The Democrats now in control of Congress have sought to place blame for that on oil companies, which have reaped record profits since Russia’s invasion of Ukraine sent crude north of $100 a barrel. Instead of reinvesting those profits in new production that could bring prices down, companies have rewarded shareholders and increased share buybacks.

    “The Putin tax-cut hike at the pump is a part of this,” Pelosi said. “And you would think that the oil companies would compensate for that rather than exploit the opportunity.”

    The bill, called the Consumer Fuel Price Gouging Prevention Act, would also give the Federal Trade Commission the power to issue penalties for price gouging, according to a summary of the legislation. It would prioritize penalizing larger companies, while protecting independently owned gas stations.

    Senate Majority Leader Chuck Schumer has also said he plans to bring to the floor legislation beefing up the Federal Trade Commission’s authority to go after gasoline price manipulation. That effort is unlikely to draw the Republican support necessary to pass in the evenly divided Senate.
    "Truly, whoever can make you believe absurdities can make you commit atrocities." - Voltaire



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  3. #2
    FLIP THOSE FLAGS, THE NATION IS IN DISTRESS!


    why I should worship the state (who apparently is the only party that can possess guns without question).
    The state's only purpose is to kill and control. Why do you worship it? - Sola_Fide

    Baptiste said.
    At which point will Americans realize that creating an unaccountable institution that is able to pass its liability on to tax-payers is immoral and attracts sociopaths?

  4. #3
    The worse part about this new Jimmy Carter era is that it's going to continue for 8 years.
    "Perhaps one of the most important accomplishments of my administration is minding my own business."

    Calvin Coolidge

  5. #4
    Quote Originally Posted by Anti Globalist View Post
    The worse part about this new Jimmy Carter era is that it's going to continue for 8 years.
    Only if the GOP is stupid and nominates Trump again. DeSantis easily beats Biden.



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