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Comment for Proposed Rule 76 FR 4752

  • From: Marty VanHorn
    Organization(s):

    Comment No: 49640
    Date: 9/29/2011

    Comment Text:

    We need to put more regulations on companies doing speculations. It should be a non profit organization or an unbias third party. I was wondering why the price of a barrel of oil has gone down over 30% but the price of a gallon of gas has only gone down about half that? Plus we should launch an investigation like former President Clinton did back at the turn of the century. I remember when gas got up to $2.00 a gallon but then talk of an investigation brought it back down to around $1.10. Hell I know about inflation so I'm not saying drop it back down to $1.10 but around $2 a gallon then I think we should put a $0.15 a gallon tax on it and use that money for infastructure like roads and bridges. With the decrease of gas people will drive more which will increase tax revenue along with put a whole lot more money in the pockets of the American people. The tax revenue will increase jobs for the repairs it will pay for and also generate a large amount of sales tax, because with that extra money in peoples pockets they will start spending again. I mean throughout our history every time the price of gas has gone up something happens wether it's the fuel effiecent cars of the 80's that brought the price of gas down or I believe back in the early 1900's when diesels became popular again. The oil companies always bring the price back down, and guess what they have always turned a profit. So let's help the American people because that's whay government is here for, the masses not the few like coporations.

    Thank you,
    Marty Van Horn

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