Ken45101
Elite Member
- Joined
- Feb 14, 2009
- Messages
- 3,669
- Location
- southern Ohio
- Tractor
- Kubota M5040, M9540, B21 TLB, B2710, RTV900, JD 325 Skid steer, KX-121-3 mini excavator
Gas prices really haven't changed over the last 40 years when you factor in inflation.
The problem is that the out of control government spending and borrowing has devalued the dollar (and, of course, driven up taxes to pay for a small percentage of it.)
Crude oil is priced in US$. As the real value of the dollar had dropped, the sources demand more dollars for the same barrel of crude oil.
If you don't like what is happening to fuel prices and taxes, demand that our politicians get their spending under control.
Of course, the government hasn't helped with restrictions on new refineries, pollution control devices which kill fuel efficiency, and the ethanol scam and stopping a new pipeline from Canada.
Ken
The problem is that the out of control government spending and borrowing has devalued the dollar (and, of course, driven up taxes to pay for a small percentage of it.)
Crude oil is priced in US$. As the real value of the dollar had dropped, the sources demand more dollars for the same barrel of crude oil.
If you don't like what is happening to fuel prices and taxes, demand that our politicians get their spending under control.
Of course, the government hasn't helped with restrictions on new refineries, pollution control devices which kill fuel efficiency, and the ethanol scam and stopping a new pipeline from Canada.
Ken