Post by
fortunefavorsus on Jan 09, 2022 3:39pm
Biden plan to reduce oil prices failure explained
https://twitter.com/UrbanKaoboy/status/1479479202940289026
Turn the sould up!
Comment by
Sunset48 on Jan 10, 2022 10:35am
I'm in Monte Gordo, Portugal at this moment and to fill up my car I'm paying equivalent of $7.00 to $8.00 per gallon. Americans should feel themselves lucky..... Cheers Sunset48 Let's go SGY
Comment by
Rational43 on Jan 10, 2022 11:30am
Americans should feel that the people of Portugal are dumb sheep for letting the Government tax their gasoline so much, and should resist the same dumb thing happening to them.
Comment by
WanTBe1 on Jan 10, 2022 12:02pm
Buy electric or take the number 11 bus.
Comment by
Rational43 on Jan 10, 2022 2:14pm
Or vote the clowns out of office as will happen shortly.
Comment by
Chris007 on Jan 10, 2022 3:50pm
Well, theres also the small fact that Portugal doesn't really produce any crude oil at all...Its basically all imported... Back in the old colonial days, they controlled Angola and Mozambique...but obviously thats not the case anymore.
Comment by
Rational43 on Jan 10, 2022 5:03pm
It has zero to do with how much oil they produce. They can buy gasoline at the same price from refiners (plus or minus shipping) as US gas stations. The difference is Government taxes on gasoline. Same as Canada and the US, or any other country with access to world shipping.
Comment by
Chris007 on Jan 10, 2022 6:04pm
Are you seriously comparing a places that are net exporters of oil, with a country that literally imports all of it, and saying there should be no price differences whatsoever?