Remember the point of the tax rebate back when the idea began being tossed around? It was to provide money that we would spend which in turn would stimulate the economy. This sounds well and good and I was willing to spend my share. The other day when reading our esteemed presidents words on CNN.com he was speaking of the expensive gas that we are facing. He said something along the lines that the economic stimulus checks would help us get through the high gas prices.

Anyone else see anything wrong with this? Oil companies are showing huge profits, like $120 billion last year. That is only for the top five companies… Just the day before reading the president’s words I was reading about one of the oil companies reporting their quarterly profit in excess of $10 billion, and yet they were below their profit expectations.

I don’t know about you but to me spending all my extra money on gas, this is NOT stimulating the economy. As it is this summer I will not be traveling and therefore will not be spending money in the locations where I would normally have travelled. I am certain there are many other people who also will be spending as little money as possible due to ungodly gas prices, which in turn raises the cost of everything such as food and clothing. Still not much economic stimulus going on.

Of course our congressional reps are a bunch of chickens that are too afraid to tax oil companies on their huge profits, all because the oil companies whine that in order to make up the decrease in profits they will have to raise gas prices. All I can say is BULL!

Our congress people are not listening to us so we need to find another way of being heard. How about we start with local gas stations? Stop purchasing anything but gas. As we know gas stations do not make a very large profit on gas. They rely on all of the beer, soda, chips and lottery tickets they sale inside. If people refuse to purchase the higher profit items, and they make it known why, then maybe gas stations will begin putting pressure on the oil companies, gas wholesalers and anyone else that they need to in order to win back their customers.

Tags: gas prices