Submitted by Guest 2 (not verified) on Sat, 02/16/2008 - 9:19pm.
If I could buy a plug in electric car that would get about 200 miles per charge and if it were affordable, I would buy it in a heart beat. Everyone talks about Exxon making in the billions in profits, but do they ever mention a profit margin? Never! Yes, they make a big profit, but they sell a lot of gasoline. The truth is that a lot of companies out there make more profit than Exxon does when you look at their profit margins. No one complains about them, do they? I hear so many people say the oil companies are paying off the auto makers to keep them from making more efficient cars, but I think the federal government and the states are doing the holding back in this area. Why? Because they make a lot more money than the billions the oil companies make from charging us such high taxes on each gallon of gas. Think about it. They make all this money for doing nothing at all. They set a tax rate and we have to pay it. Almost total profit. So what would happen if we had more efficient cars, more hybrids, more plug in electric cars, etc.? Less money for the government. Do you really think they want this to happen? If it did what would they spend then? I guess they would just come up with a new tax so they could waste it away too.
Gas tax