They are already in the business...they get a tariff from all oil companies on oil thats pulled from the ground. The oil companies lease the land from the US government. As part of the agreement they get a percentage of the oil as royalties. In essence the get money for doing nothing. Then on top of that they tax consumers at the pump. Ask your congressman about it.Why can't the Government get into the oil business like the they are with the Postal service and Amtrak?
Well if you wanna use Amtrak
You do know, Amtrak has lost money every year of its existence.
It is the only railroad in the world, with almost 100% full passenger trains, that cannot seem to make a profit.
That's why American taxpayers, still must subsidize northerners cost of traveling to work everyday.
Don't you wish the government subsidized your travel expenses going to work everyday ???
Whay ridiculus profiteering ??
If your talking about gasoline, the OIl companies make less profit on gasoline than the federal government earns on taxing gasoline sales.
Oil companies don't make most of thier money on gasoline sales.
They make it making other oil based products.
You do know, oil companies, must BUY 65% of the oil they refine into gasoline from other countries, So they are paying that $117.00 a barrel to someone else.
Don't you ?
Because certain groups of people are dead set against drilling for oil on American soil. Did you realize the last oil refinery in America was built in 1976. This has become one of the NIMBY problems. (Not In My Back Yard)
It is one of the major businesses they are in. Both Bush Admins were and are all about oil and will kill anyone who will stand in their way.
I can't believe you want the government to emulate Amtrack or the USPS with a forray into the oil business.
Look at how the Postal Service and Amtrak are doing and how well they are being managed and then ask your self if that is the way to go.
They already are.....tax breaks for oil companies, while they're making record profits.
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