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Ban on ‘Excessive’ Gas Prices Heading for House Vote

The Work Outing said:
Most - though not all - Americans are such babies.
Gas goes up - FAR lower than in many countries?
In London, England - it's over $8 a US gallon.
www.globalpetrolprices.com

Gasoline prices in London, the United Kingdom - 25-Mar-2024 | GlobalPetrolPrices.com

We show Octane-95 gasoline price data for London from 18-Dec-2023 to 25-Mar-2024. The average gasoline price during that period is 1.44 per liter with a minimum of 1.41 on 22-Jan-2024 and a maximum of 1.47 on 04-Mar-2024.
www.globalpetrolprices.com www.globalpetrolprices.com
Yet most Americans cannot stop whining like a bunch of spoiled brats.

Gas is up?
So what?
It's called 'life'.
Suck it up and live with it.
Eventually, the price will come back down.
F'ing wimps.

But artificially forcing the price down through Congress will do NOTHIGN but make everything worse.
GUARANTEED.

When will the ignorant masses learn that EVERYTHING the government touches - they wreck.
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Quit trying to gas light, UK has single payer and that adds a VAT tax on petro along with the UKs gas tax
 
RealityNow said:
Greed
weakens the country and bring decline to cities and breaks down the economic function of familiies.
"the delusion that higher profit equal more, results to be "less" as the erosion of purchasing power is heightened.

It's an unsustainable madness. We've seen it in countries that have created larger denominational currency, and their economies decline rapidly.

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View attachment 67392535

Will end up buying 2 gallons of gas and a loaf of bread.

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The more people that become millionaires, the less that million dollars will purchase,

View attachment 67392531

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It even cost more to become Obese​


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quote​


The average price of an organic whole chicken is anywhere between $4.50 and $7 per pound, while for a whole non-organic chicken you will have to pay anywhere between $2.75 and $3.50 per pound. Bought as a whole, the average chicken will cost $14 to $28, depending on the type of chicken,

For instance, you can purchase an organic whole chicken from Meijer for almost $17, a rooster chicken for around $12, and a young whole chicken for almost $7.

Also, Wegmans sells whole chickens without any added hormones or antibiotics for almost $3 per pound.

You can purchase two organic rooster chickens from Costco for around $3.50 per pound.

The price of a fresh whole chicken was around $2.49 per pound in 2020, according to the Bureau of Labor Statistics.

end quote​
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The largest denomination bill circulating in the U.S. remains the $100 bill. Is there talk about reintroducing larger denomination bills into circulation?

Greed can help produce more competition in a market.
 
Arlette said:
Getting yourself cancer is too expensive
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You might want to address the point of his post.

Were people getting gouged in Wisconsin ?

What gives the government the power to decide what is gouging.
 
I'm sure others have said it, but price controls, separate from total war, are stupid.

On a related note, sure was stupid, too, to let Mr 'let's give Hitler a try' Ford kill off cheap passenger rail.
 
reinaert said:
I'm sure others have said it, but price controls, separate from total war, are stupid.

On a related note, sure was stupid, too, to let Mr 'let's give Hitler a try' Ford kill off cheap passenger rail.
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Price controls reduce supply. Inadequate supply is the current problem with fuel prices. The last time we had price controls was during the Carter administration. It was a disaster. Government isn't good at running businesses.
 
Arlette said:
Excessive profits from an essential product.
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Might be legit if there weren't so much competition. But there is, so it's not. Next
 
There is a global disruption, food, and energy, are inadequate, because of a war where a party has a stranglehold on supplies disrupting the market for them. This is the core problem, and free-market forces are inefficent in such a situation to allocate efficently. Preference has to be given to critical uses, and other uses should be postponed during the crisis. How to accomplish it is the Government's task, drastic measures must be equal to the crisis. This is a no-win problem for Biden and will lose votes whatever he does, $10 gasoline or empty gas tanks.
 
Bernie Sanders for Senate Majority Leader = a VERY important position
AOC for Speaker of the House = a VERY important position

Elizabeth Warren for President
Kamala Harris for President
Amy Klobuchar for President
Pete for President

Only need 4 choices = more campaign dollars for the 4

I say go buy a hybrid if you can .......... there are SUV hybrids that are getting 40 mpg. And for a night out do it on feet or bicycles with your sweetie of choice.
 
Razoo said:
And for a night out do it on feet or bicycles with your sweetie of choice.
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A night out would require a 50 mile round trip for me. My hips couldn't take it. Tell me about your hybrid. What kind is it?
 
Stations could start limiting gas purchases to a maximum of say 5 gallons per customer.
Or government could use the rationing system we had during WWII again.
 
aociswundumho said:
www.ttnews.com

Ban on ‘Excessive’ Gas Prices Heading for House Vote | Transport Topics

The U.S. president would have the authority to declare an emergency that would make the sale of gasoline at “excessive” prices illegal under legislation House Democrats plan to bring to the floor next week.
www.ttnews.com www.ttnews.com



When this fails, next comes price controls and pretty soon you will be waiting in line for 4 hours to buy gas at a "fair" price.


View attachment 67390501
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Here comes the socialist making everything alright. All Joe needs to do is take off the restrictions on oil and natural gas. The rest will take care of itself.
 
Oh, that's frigging brilliant.

Let's get the government - that already is so pathetic at everything it touches (with either party) - to start regulating, gasoline prices.

What's next?
Food prices?
Car prices?
Clothing prices?
Cell phone prices?
Rent prices?

If you cannot afford the price of gasoline?
Buy a more fuel-efficient car.
Or take the bus.
Or buy an electric scooter/bicycle/car.

You don't want to?
Boo Hoo.

I cannot stand it when people whine like little babies and run to Mommy and Daddy government every time something happens that hurts their whittle feewings.
Life sucks sometimes.
Grow up and get used to it.
 
People love to whine and cry... that Biden and Democrats are doing nothing to address inflation.. Then when they craft and create means to address it, the Right Wing minded types, cry about that too.

The best thing for the Public is to come to the realization to not get caught up in Right Wing Narratives.. They love to "bitch and moan" about "anything and they search for shit to bitch and moan about.

That old saying " Misery Loves Company"... Right Wingers are 100% Demonstrators of that Fact!!!

I don't let their bullshit interfere with my days, my work and my efforts in life.. nor do I let their bullshit blind me to the ever changing world, and I certainly don't let their bullshit interfere with my optimisms about life and living.

Those imbeciles talking about the 1970's.. still cling to "willful ignorance" and too stubborn to learn and too eager to remain unlearned, they can't even understand that the Oil Embargo of the 1970's was related to the Yum Kipper War. (if they want to know what that was, they will have to research and read it for themselves).

I dealt with the Gas issue in the 1970's, it was nothing more that adjusting to the modified fueling programming. When it was over, America went right back to making "Gas Guzzlers", and still are making "Gas Guzzlers".
I stick with Mercedes, my cars get more than 300 miles per tank, both the newer one and the older one.. so.. it works for me. If I decides to stop working, I will drive even less miles, but since I enjoy working, there is no need for me to stop working, and my expenses does not exceed my income, so... I deal with what is.

I think the Government should have long ago had controls on Fuel Prices, because Fuel should be considered a National Security Commodity. Without "Energy" in some form of fuel, be it sun, wind, petro and other, nearly everything collapses.


Avoid Right Wing Narratives and You will find your living become much more pleasant and you are able to stay focused and adapt and flow with the ever changing world.
Why spend your time being incessantly fed something to be anguished about within the circle of Right Wing Narratives.
 
aociswundumho said:
www.ttnews.com

Ban on ‘Excessive’ Gas Prices Heading for House Vote | Transport Topics

The U.S. president would have the authority to declare an emergency that would make the sale of gasoline at “excessive” prices illegal under legislation House Democrats plan to bring to the floor next week.
www.ttnews.com www.ttnews.com



When this fails, next comes price controls and pretty soon you will be waiting in line for 4 hours to buy gas at a "fair" price.


View attachment 67390501
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Profiteering is a long treasured tool of the corporate world all the way down to the corner mom and pop. You know...capitalism.
 
Callen said:
What makes the price a "gouge"?
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Not sure, but I'd love to see this law run up against my state's law that sets a minimum price for gasoline.
 
RealityNow said:
People love to whine and cry... that Biden and Democrats are doing nothing to address inflation.. Then when they craft and create means to address it, the Right Wing minded types, cry about that too.

The best thing for the Public is to come to the realization to not get caught up in Right Wing Narratives.. They love to "bitch and moan" about "anything and they search for shit to bitch and moan about.

That old saying " Misery Loves Company"... Right Wingers are 100% Demonstrators of that Fact!!!

I don't let their bullshit interfere with my days, my work and my efforts in life.. nor do I let their bullshit blind me to the ever changing world, and I certainly don't let their bullshit interfere with my optimisms about life and living.

Those imbeciles talking about the 1970's.. still cling to "willful ignorance" and too stubborn to learn and too eager to remain unlearned, they can't even understand that the Oil Embargo of the 1970's was related to the Yum Kipper War. (if they want to know what that was, they will have to research and read it for themselves).

I dealt with the Gas issue in the 1970's, it was nothing more that adjusting to the modified fueling programming. When it was over, America went right back to making "Gas Guzzlers", and still are making "Gas Guzzlers".
I stick with Mercedes, my cars get more than 300 miles per tank, both the newer one and the older one.. so.. it works for me. If I decides to stop working, I will drive even less miles, but since I enjoy working, there is no need for me to stop working, and my expenses does not exceed my income, so... I deal with what is.

I think the Government should have long ago had controls on Fuel Prices, because Fuel should be considered a National Security Commodity. Without "Energy" in some form of fuel, be it sun, wind, petro and other, nearly everything collapses.


Avoid Right Wing Narratives and You will find your living become much more pleasant and you are able to stay focused and adapt and flow with the ever changing world.
Why spend your time being incessantly fed something to be anguished about within the circle of Right Wing Narratives.
Click to expand...
Yum Kipper, are you British? Too funny, thanks for the laugh.
 
Bear5131 said:
Can the government sue state governments for price gouging?

For example in South Carolina a pack of Pall Mall red 100s is around $5 bucks a pack and in say Milkwaukee they're around $9 bucks a pack.
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You don't need cigarettes to survive daily life. Most people do need gasoline and heating fuels. It has been shown that approximately $1.00 out of a $5.00 gallon of gas is excessive profit for the oil cartels.
 
fmw said:
Price controls reduce supply. Inadequate supply is the current problem with fuel prices. The last time we had price controls was during the Carter administration. It was a disaster. Government isn't good at running businesses.
Click to expand...
Price controls would not be a problem if "greed was not promoted agenda by some within society".

If price controls said I could make up to 15-20% profit after tax and expense, then it would not be such a burden, because cost to market has already been factored in. If I want more... then I produce more to send more product to market.

If I produce less, to jack up the price, by claiming demand outstrips production, just so my 15-20% is a higher amount _that would be "gouging"... because I' would have made the business inefficient for the sake of higher figures in what my 15-20% would be. It would be screwing the consumer market to gouge for personal gain by unethical habit and practice.
 
RealityNow said:
Price controls would not be a problem if "greed was not promoted agenda by some within society".

If price controls said I could make up to 15-20% profit after tax and expense, then it would not be such a burden, because cost to market has already been factored in. If I want more... then I produce more to send more product to market.

If I produce less, to jack up the price, by claiming demand outstrips production, just so my 15-20% is a higher amount _that would be "gouging"... because I' would have made the business inefficient for the sake of higher figures in what my 15-20% would be. It would be screwing the consumer market to gouge for personal gain by unethical habit and practice.
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They are inflationary. If you like rising prices, then price controls will get the job done.f Basic economics.
 
fmw said:
They are inflationary. If you like rising prices, then price controls will get the job done.f Basic economics.
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Greed Based Economic.... is what you are speaking of. Good Economics is based on "Fair Exchange Rate'.

Inflated cost does nothing but ERODE the purchasing power of the Denominational Currency... making its valuation lesser in purchasing power... even as one may hold more currency, its buying power is deflated.
 
RealityNow said:
Greed Based Economic.... is what you are speaking of. Good Economics is based on "Fair Exchange Rate'.

Inflated cost does nothing but ERODE the purchasing power of the Denominational Currency... making its valuation lesser in purchasing power... even as one may hold more currency, its buying power is deflated.
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My post didn't say that. I was using the modern common meaning of inflation which includes CPI. You are correct that true inflation devalues the currency but it is caused by expanding the money supply not by prices, high or low. Price controls reduce supply and that causes higher prices. In other words price controls do the opposite of their intended purpose. We learned that clearly in the Carter administration.
 
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