Energy
OPEC And The States Conspire To Raise Gas Prices
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The price of gas is going up. Saudi Arabia, the lead member in OPEC, says that it is serious about cutting production this year. Last year’s cuts did nothing to stop the drop in the price of oil.
Now, OPEC is being joined by the states who want to tax gasoline use to offset falling revenue from other sources. It may drive some households into further financial distress, but the government comes first.
According to The New York Times, "Politicians in California, Massachusetts, New Hampshire, Illinois and Oregon, for example, are introducing bills that would raise gasoline taxes for road and bridge repair."
It is a waste of effort. People who can’t afford the gas tax can’t afford to drive. Due to that, the roads should be just fine.
Douglas A. McIntyre
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