| ANother thing here back to the big oil and their profits.
Oil prices are not set by the oil companies, they are set on the commodity market. Mom and pops sitting all over the world who speculate on supply and invest on its outcome. Oil companies like Exxon have made their money by investing years ago on oil finds and extraction. In fact Exxon and the big oil companies were losing money for the better part of a decade because rather than sitting on their laurels they invested themselves into debt(something on the tune of appx. 1 trillion dollars) finding and exploring making sure that today you even have fuel to fill up your vehicle. You take away their profits, that they have earned after years of investments and losses, you take away money that will be used in the future on newer fuel sources so you can continue to drive around. I wont even touch on the added cost of fuel taxes, alternative fuels and additives which raise the price of fuel even higher than what it would naturally be. |