The Energy Crisis In 2022 Cannot Be Linked To Reality.

Gasoline is not that expensive. Some people would say that the price in the United States is the highest in history. According to AAA statistics, the current national average normal gas price is 4.31 dollars. Surprisingly, this is lower than the $4.32 announced yesterday. This is the fuel grade that must be used for vehicles produced in 2001 and later.

Personally, I’ve been driving 27 miles per gallon since 2000, and I’m usually satisfied with that. So there is a reference to $. 15 miles per mile. The price of natural gas a year ago will reduce the price to US dollars. It has increased by 50% in the past 10 years. This means that the budget of low – and middle-income households for natural gas should be increased by 50% at present.

Now let’s talk about the nature of the problem. Taxes are like our ancestors threw cars into the harbor. The problems that triggered the American Revolution. The tax is levied on luxuries such as molasses and tea. The tax on molasses is $2 per gallon, and the tax on tea is $8 per pound. Now, this was a big number at that time. Just like green tea increased by 47% today. Our basic molasses bottle has increased by 18%. Similar to the rise of modern natural gas prices.

The current federal gas tax is US dollars. It’s 18 dollars per gallon, and the average weekly gasoline tax is 0.30 dollars per gallon. Let this sentence sink into the hearts of the people. Diesel taxes are not included, both are high. I haven’t studied the economic impact, but as an emergency measure, we have seen too many recent reductions in gasoline taxes to ease the economic downturn. We have seen the market adjust in the recent turbulence; this may help the US economy recover when things get tough. The tax cut will lower our oil price to US $3.836 per gallon, to the level before 2016. This will reduce the unnecessary tax revenue of US citizens by about 162 million dollars.

Now it’s time to ask Does that sound like more than $162 million? When trillions of dollars and billions of dollars of taxes are released, we must realize what is necessary and what is socialist expenditure. When China keeps pace with GDP growth, it can no longer be implemented.

As of November 15, 2021, the “Energy Community Revitalization Project” totaled 4.6 billion dollars. The project was buried under a mountain bureaucracy to recover oil wells from federal lands. So if we spend $4.6 billion on oil exploration on federal land, why do we lack oil? Why do we need to revitalize the oil wells that do not operate but spend 28 times of the natural gas tax revenue every year?

At present, the Biden government is unable to cope with high oil prices. Americans paid 1.5 times as much as last year. Putin is reaching an agreement with China, and Europe is running out of oil. The world is facing an energy crisis, and Biden has guaranteed his citizens an 11% salary increase. If our economy can recover, this situation must stop.