Solution for oil price increase debated

make gas prices fixed at 1.50 gallon, anything over that amount make the government divvy up the difference then things would change. Americans can't afford the 3 dollars today and 4 this summer, when most make less that 10 dollars an hour at work, things have to be cut, and its a spiral effect on the economy has a whole. And you can't say, stop buying gas. That is not practical. How do you think the US economy flows? Its by the people who buy items, when all their money goes to gas, other industries loose money, and the economy goes down the drain. When you spend $600 on gas a month, that money could be used on a house payment, and other luxury items.

Set a floor and make the government pay for the difference? How do governments pay for things? With Tax money. So if you make government pay for fuel, how much more are you willing to pay in taxes? You think gas is expensive now, just wait until you ask the government to pay for half.

Here is a solution borrowed from the late 1970's: Lower the speed limits. Driving slower saves fuel and increases fuel economy.

Its called the government would then DO something. Like after WWII when insurance agencies and gov believed more soldiers would die at war, guess what the quota they made was not met (thank god) and when the new president came into office, seen the very high priced insurance premiums these soldiers had to pay. The insurance companies HAD to pay SOLDIERS BACK> Its not that oils 100 a barrel, its the multi billion dollar quarterly PROFITS the oil companies are making even before the 100 a barrel.(watch the first quarter profits this year/you'll soil your pants) The gov can SAY STOP/and cap the profit they can make. Theres no reason only a handful of people are banking off high oil prices when they don't need to be there to begin with. Not saying price per barrel shouldn't be high, Profits should be REASONABLE. even at 100 a barrel gas at the pump could be well around or WELL under 2 bucks and they would still have multi million quarterly profits easily. and only make billions per year not quarter.