Read and discuss
I think it would be ok as long as the price floor is reasonable and the revenue goes to something worthwhile, like reducing the national debt
I’d say, wild swings in the price of gas are more problematic than a relatively stable one. It’s hard for more than just automakers - I mean how are towns supposed to budget for school bus costs if diesel swings between $2 to $5/gal within weeks?
I just think its ‘great’ how the automakers cry about it. “we cant predict the future so we need the government to step in to raise gas prices so people will buy our new vehicles”
are there any other businesses that can predict the future to determine what products to put out?
but im with jim on this one, if we can get the tax to definitely go toward something useful not lining someones pockets im down.
no clifs WTF
Great points:tup:
If their fears come true, gas prices will be so low when they start rolling out the cars next year that people won’t buy them and all the high-priced research will have gone to waste.
:fail: Right, and we shouldn’t be looking to limit our fuel consumption or try to make our vehicles more fuel efficient if gas prices are low:banghead:. Give me a break, that research will not have gone to waste. All cars need to be up to 35MPG by 2020, and it’s not like we have an infinite amount of oil to depend on. This research had to be done at some point, not just because of a soar in gas prices.
I’m so sick of the big three crying. Why the hell did we give them money again?
The problem with thier shitty companys isnt the price or gas, its thier shitty cars.
The fact that GM has made 2 good cars since the 70s and one good car since 88 (excluding the corvette)
Ford hasnt made a good car since the 60s.
Chrysler hasnt made a good car ever, with exception to old muscle cars.
i laughed.
um cliffs, one of the automakers wants the levy obama or whoever to impose a higher gas tax to somehow stabilize the price of gas. they are worried that the price of gas will continue to go down so people wont feel the need to buy a hybrid/electric car. they think they would be wasting resources if the gas price continues to go down
i tried
More proof that the big 3 have really no clue
fuck you all… seriously… gas has dipped so beautifully low and you want to raise it?
Thats it, fuck you all, i hope you all fold faster than Superman on laundry day
Hybrid and electric cars are not the answer to the problems of the auto makers who were more than happy to sell SUV’s for years and years and years knowing that the mpg’s were terrible.
And fuck all of you who want to pay more taxes…you are aware that Erie County is the highest taxed county in one of the highest tax states.
I am glad you all have this extra cash laying around to help out people who could give a fuck about you if you didnt have to the power to bail them out. You see the Big 3 giving you a free car for all of the taxes you have given them?
Thats why you buy futures to hedge yourself, similar to Southwest.
the LAST thing we need are more fucking taxes.
lame. and why the fuck is 100oct still $7 a gallon???
while I agree with you, don’t they buy it in bulk?
To be honest, I have seen more newer cars on the road in the last 3 months when gas has been down than when it was over $4.
I don’t understand why automakers want prices to be up since its something that is required for use of their product. Its like an electronics company saying, raise the price of power!
I guess tho, if people did budget for say $2.50/gallon on average, and the government either took the taxes and put it to something GOOD that everyone can see or the national debt, then it would help stabilize it. Seems like a tough line to figuring different states have more taxes on gas than others. For example NY > *
Anyone also notice the related stocks in the corner of the article:
Ford 2.XX
GM 3.XX
Toyota 63.XX
Stock price means nothing unless they have the same number of shares outstanding.
Gm and Ford could have 50 times more shares and be worth more than Toyota.
Market Cap on the other hand tells you something.
Ford 5.92B
GM 2.45B
Toyota 99.78B
I also enjoyed looking at Toyota’s two year graph. Not as ulgy as the other two, but losing half your market cap is not healthy either:
http://finance.yahoo.com/echarts?s=TM#chart3:symbol=tm;range=2y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
My biggest problem with this is when have you ever seen the government create a tax and then get rid of it?
AKA, they add this big tax to gas now while it’s really low, and when the natural cost of gas skyrockets again when the economy recovers the government will not let go of this new revenue stream and will keep the high gas tax in place. Then we’ll end up hit twice, once by the tax and once by the high price of gas.
^ yeah… thats a good point.
either that, or use the excess $$$ ONLY to help keep future costs lower
i dont know about anyone else, but high gas prices typically dont make me want to run out a buy a ford/chevy/ect…
I have to agree with 2turboZ as well… ethanol (since we’re obsessed with using domestic corn and not the far more effeicient Brazillian sugarcane), and electric cars are only a temporary fix. If we really REALLY want energy independence, these companies need to be on the front line with their R&D developing new, novel, stand alone energy sources. the next gasoline if you will (ie make hydrogen work, apply it, reconfigure infrastructure… you wanna create jobs? be the first to invent and then implement an idea/product)