Gasoline Per Gallon Where You Live
Gasoline Per Gallon Where You Live
Out of context: Reply #33
- Started
- Last post
- 91 Responses
- johndiggity0
another problem is that if there is a windafall tax on oil companies, it would only affect us oil companies (exxonmobil, chevron, texaco) and not foriegn companies like bp, shell, citgo, lukoil, etc... which would serve to further increase the cost of domestic oil, as taxes are a line item expense on the balance sheet.
it would simply be business as usual for us oil companies, albeit with more expenses they would pass on to the consumer. this gives foriegn oil companies an unfair advantage in the us marketplace, and drives the dollar out of the country.