Americans have been suffering at the gas pump for far too long. Unlike some issues – gas prices directly are affect all of us and high gas prices SUCK big time! As most of you know, the price of oil correlates closely with the price of gas. When oil prices increase – gas prices increase and vice versa. Like most Americans – Ron Paul wants to see lower gas prices. However, most Americans don’t have a viable plan to reduce gas prices – Ron Paul does.
Dr Paul asserts that the high gas prices we see today are the result of three things – drawing from What Congress Can Do About Higher Gas Prices:
1) Before the Iraq War, oil prices were around $30 per barrel. Today, the price of oil is more than double that amount. Obviously, the Iraq war has increased oil and gas prices.
2) The war drums being beaten toward Iran are causing higher oil prices. The sooner those drums stop – the quicker oil prices will fall.
3) Lastly, Dr. Paul asserts that inflation has worked to push gas prices higher.
In the same article, Ron Paul offers a three part plan to lower oil and gas prices. Dr. Paul believes that ending the Iraq War and allowing the Iraqis to solve their own internal problems will help with their oil production problems. He points out that since the Iraq War began – oil production in Iraq has been reduced 50%.
1) Dr. Paul believes that ending the Iraq War and allowing the Iraqis to solve their own internal problems will help with their oil production problems. He points out that since the Iraq War began – oil production in Iraq has been reduced 50%.
2) The war drums beating in the direction of Iran must end and a peaceful resolution aggressively sought. Ron Paul notes that there’s no evidence Iran has a nuclear bomb – so there’s no need for the war drums. The sooner this aggressive foreign policy ends, the sooner oil (gas) prices will fall.
3) Lastly, Dr. Paul is intensely concerned with the economic impact on gas prices. To alleviate the increase in gas prices caused by inflation and federal deficits – Ron Paul would like to see an end to Federal Gas taxes, an end to Congressional deficit spending, an end to regulations preventing development of alternative fuels and an end to energy company subsidies. He would also like to see Congress balance the budget. All resulting in lower oil (gas) prices.
According to Dr. Paul, the implementation of this plan could lower oil prices to as little as $20 per barrel. Resulting in gas prices lower than those seen before the Iraq War began.
E Lawrence Welch
























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[…] gas prices? They’ve done the exact opposite, as have the chest-thumping aimed at Iran (Surprisingly, Ron Paul, the former Republican candidate, agrees; click here for his views on fixing …). Thinking about all the ways this administration has wronged the American people just makes me ill […]