The real facts about oil comsumption, the economy and taxes

[MrHippobippo]

54% of our consumption comes from the US? are you sure about that?...oh, i see what you did there--you just counted Mexico and Canada as part of the US.

[maxl36]

2:44 "Taxes are a large part of the price of fuel"

I dont get it... Where is the tax a "large" part of the price of fuel???

Ever been to Europe, einstein???

[KrunchyJD]

This is crap. The tax is to LOW on oil. considering that cars produce cancerous pollution, and the fact that peak oil is near, it is more sensible to get people off oil. The tax should be HIGHER

[ulstermandc]

A little biased - obviously you dont like Democrats. But trying to square a fact. If T.Boone says we import 70% of our oil and you say the US is producing 54%, what accounts for the difference? Someone is telling the truth.