GasBuddy.com head of petroleum analysis Patrick De Haan provides money tips amid record-high gas prices.
Democrats in Congress, fearful of pain at the pump when voters head to the polls in November, are pushing a variety of proposals that would send direct payments from the government to Americans to help cover skyrocketing gas prices over the past year.a plan similar to the COVID relief payments sent to Americans during the pandemic that would send $100 per month to individuals each month the national gas price exceeds $4 per gallon.
LOS ANGELES, CA - MARCH 13: Gas prices in Westchester are above $6 as prices at the pump continue to rise across the Southland on Sunday, March 13, 2022, in Los Angeles, CA.
Two other bills have been proposed in Congress that do outline how gas rebates to Americans would be paid for: by taxing big oil companies. / AP Newsroom) "Big Oil will pay a one-time, 50 percent windfall profit tax on any adjusted taxable income in 2022 that exceeds 110 percent of their average ATI during pre-pandemic levels between 2015-2019," Rep. Peter DeFazio, a Democrat, said in a
Source: News Formal (newsformal.com)
This would make prices increase more. These boomers need to go!
Stupid, simplistic idea.
Just open the pipeline you genius democrats
Reduce the federal fuel tax instead.
That old satyr can keep in the ass his gas.
Or just make America energy independent again. Kinda simple
How about just fix the problems. Free money isn't free its our money.
Of course they are...and it will probably go to people who don't drive and those who can afford it. Same old same old...throw money at the problem instead of fixing it. This is why we are in the mess we in.
W........T.........F!!
Nonononono!
So Govt taxes oil companies increases their price , govt sends checks to bus riders . Tesla drivers etc food prices and others increases Socialism never works
If the damn politicians just did their job, Americans can take care of ourselves. The politicians WANT us dependent on them. This isn’t right.
I'd much rather UncleSugarless take responsibility for my consumer debt payments. GimmeSum
Taxing oil companies results in higher prices at the pump. Do these Geniuses not understand capitalism.
This can’t be real. What are we trying to do, become the new Russia?
Bandaide not solution
Do you think that maybe that additional oil company tax might be pushed to the consumer in the form of even higher gas prices thus negating the government handout?
Working toward govt provides income
Great …………Tax oil companies so they raise gas & heating fuel prices even higher
If we just produced our own and processed it…
Wait, they’re trying to fade out fossil fuel to be greener that’s causing gas price hikes. AND they want the fossil fuel companies to pay for the higher priced fossil fuel that government is buying from somone else. ? SHIT. YOU CAN MAKE THIS UP.
Yes, let's make the situation worse. 🤦🏻♂️
These Democrats just can't get right.
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