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-   -   Houses Passes Bill Imposing Stiff Penalities on Gas Price Gougers (http://www.shreveport.com/forums/showthread.php?t=1590)

piemaker720 05-24-2007 10:08 AM

Houses Passes Bill Imposing Stiff Penalities on Gas Price Gougers
 
http://www.news10.net/display_story.aspx?storyid=28180

Quote:

Stiff penalties for those found guilty of gasoline price gouging have been narrowly approved by the House.
Something needs to be done with these gas companies that run the price up.

AnimeSpirit 05-24-2007 10:27 AM

Yup, gas prices are too high. We need alternative fuel.

joepole 05-24-2007 11:04 AM

This is a horrible idea that violates pretty much every precept this country was founded upon. Only Congress could view a voluntary transaction between two parties exchanging money for a perfectly legal product as something that needs to be corrected through legislation.

Gas station: Our gas is X price, feel free to purchase it.
Motorist: OK, I will purchase that fuel at that price.
Congressman: THIS IS OUTRAGEOUS!!!!!

purpahurl 05-24-2007 12:47 PM

Gas
 
What's outrageous is the taxes we pay on gas. If Congress really cared they would cut the taxes for the summer or until prices stabilized. What Congress is doing now is just smoke and mirrors. Cut the taxes!!!

rhertz 05-24-2007 02:27 PM

Quote:

Originally Posted by joepole
This is a horrible idea that violates pretty much every precept this country was founded upon. Only Congress could view a voluntary transaction between two parties exchanging money for a perfectly legal product as something that needs to be corrected through legislation.

Gas station: Our gas is X price, feel free to purchase it.
Motorist: OK, I will purchase that fuel at that price.
Congressman: THIS IS OUTRAGEOUS!!!!!

Joe you are absolutely correct. Our country is based on capitalism which is based on economics which is based on "supply and demand". People who look for the government to save the day are misguided regarding government's purpose. I pay waaaay more in taxes than on gasoline. Who is going to save me from that!? What about greedy government "profits" which are even higher than oil and gas profits?

AnimeSpirit 05-24-2007 03:01 PM

I know I posted this about 2 gas topics ago, but here's a refresher for the newbies that have joined since. :D


joepole 05-24-2007 03:25 PM

We currently pay $0.184 per gallon in Federal taxes.

Obviously I'd rather pay less, but i's not really that outrageous.


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