It Affects The Price Of Fuel Beyond Inflation

Category: Finance, Personal Finance.

Who s Ron Paull? First there is inflation.

In spite of sixty thousand supporters donating in twenty four hours to his campaign for president( generating over$ 6 million. Inflation is currently at 10% or thereabouts. So, the result of this, in the real world, a gallon of fuel that cost$ 3 now costs$ 30! !! There is no way to get an accurate statistic what the inflation stat is because the Federal Reserve stopped reporting how many dollars they are printing out of thin air. That s huge! But the other head is that about 47 cents of that$ 30 on each gallon is tax.

Ok, so that is one head of the two headed beast. So take out roughly eighty cents or so from the$ 30 and we actually pay$ 50 per gallon of fuel. The government has contributed to the rocketing price of fuel in two other ways. Which is way too high, but better, still. One, the decline in value of the dollar is something that the Fed has created with unethical fiscal tinkering. Since oil is practically a currency of its own, the drop in value of the dollar means that our dollar buys less fuel!

It affects the price of fuel beyond inflation. Also, government red tape has impeded the opening of a single new refinery in this country since the 1970s! Because of profits being curtailed, Dr Paul s proposal will more than likely not pass. So Dr Paul s legislation is a stop gap action that would prohibit the price of fuel from rising above$ 3 and it also opens America up for business again in domestic oil including ending the moratorium on offshore drilling. So what can we do? Convert your fuel engine to a hybrid fuel/ hydrogen( save up to 35% on fuel performance) or hydrogen only system( and never buy a gallon of fuel again) .

Join the Ron Paul Revolution and put a statesman in the White House. It is easy to do, helps your car operate better, saves you cash and benefits the environment by reducing or eliminating emissions.

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