Are there any groups which protest the current high cost of gas?

Question

I for one would like to see the government regulate the American petrol industry. Why must Texaco et all make billions in profits? Can't prices be set so they only make millions in profits? I know this isn't free market rhetoric, but I am going broke paying for gas to get to work and would like to protest somehow (other than riding my bike!)

Answer 1

Yes many people and groups are protesting the price of fuel. The government already regulates gas prices in the U.S. through subsidies to oil companies tht have kept U.S. gas prices artificially low for decades.  The leverage there would be to remove government subsidies, but this would increase gas prices.  Another option is to tax profits, but this too tends to raise prices over time.  Riding a bike is sounding sort of sensible these days.

Answer 2

Yes, truck drivers all around the United States went on strike a while back.

Answer 3

Yes there is.  They are the same liberal nut jobs that exacerbate the problem by refusing to relax regulations that prohibit drilling for the trillions of barrels of oil right here on American soil.

You want to protest something, protest them and vote them out of office in the coming election.

Answer 4

Sure government could regulate the price of gasoline at the pump, but there would be a nasty side effect.  No gasoline.

Think about it.  You are Texaco et al.  You have stations in the United States, Canada, Mexico and the European Union.  The United States says you can only charge $3.00 a gallon for gasoline.  But you can still charge $4.00 in Mexico and Canada and $9.00 in the EU.  Where do you think you would send your gasoline?  Are you going to send it somewhere where your profit is only a few cents, or where your profit is much much more?

The best way to bring down prices at the pump is to stop buying gasoline.  Since we are almost all dependent upon gasoline to get to work and to get groceries ... etc. that is not possible.

The next best thing is to refuse to buy gasoline from the huge merged companies like Exxon-Mobile, and buy your gasoline from smaller mom and pop places.