Reply to Virginia Dems voted to kill 90-day gas tax holiday in the middle of highest inflation

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Reply to "Virginia Dems voted to kill 90-day gas tax holiday in the middle of highest inflation"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Why would they do it? Because there is no guarantee local stations or gas companies wouldn’t just pocket the change for themselves, that’s why. The question is why Youngkin would want to give free taxpayer money to oil companies while they are posting record profits. [/quote]

+1. There's no gas shortage, just price gouging. I don't support a tax holiday. [/quote]

You don't have much knowledge about gas supplies, do you?[/quote]

DP.  Corporate gas company profiteering tripled.  The gas companies are responsible for driving prices up and it is going into their own pockets.

[twitter]https://twitter.com/ClimatePower/status/1522237670243635201[/twitter][/quote]

Still think that you aren't very knowledgeable.  This is diesel, but read the refining capacity info in the article.

https://www.cnbc.com/2022/05/07/diesel-fuel-is-in-short-supply-as-prices-surge-heres-what-that-means-for-inflation.html
[/quote]

I'm the first PP (not the one posting video) and I stand by my statement. The pressure on refining is not new.
Anyway, if you believe there is a true shortage of refined fuel then propping up demand with tax relief would be bad policy because it would exacerbate a shortage. Gas shortages mean looking to reduce demand through EVs, public transport, WFH, bike lanes, etc. [/quote]

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