Forum Discussion
scooter4
Jul 09, 2008Explorer
RetiredArmy wrote:
I can remember the Arab oil embargo of the 70's. President Nixon asked all Americans to conserve. America did. What happened? Everything went up in price because Americans were not spending and conserving energy, etc. It was a lose-lose situation. Adding taxes to the already burdened taxpayer is foolish. Adding more taxes to big oil would push up the prices at the pump and rich will still get richer. Larry G.
The oil embargo in the 70's was a big farce. At the time I was living in a large harbor town with humongous fuel storage tanks. All the tanks were filled, and loaded tankers were sitting in the harbor with gasoline and diesel. The thing was, there was no place to put the Fuel. On the other hand you had to sit in line to get a few gallons of gas if you could find a station that had a little gas to sell and was open for an Hr or so. what you see right now is fabricated to benefit a certain few.
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