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What does the president have to do with gas prices?
10-15-2012, 09:30 PM
Post: #2
TK Offline
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Levels of oil supplies, forecasts concerning demand and speculation. Those are the three factors that influence oil prices. Tax rates and subsidies have absolutely no effect on the price of oil. They have an effect on the amount of taxes oil companies pay on the profits they earn, which has an effect on the amount of dividends and earnings retained for re-investment, mergers and acquisitions or for a rainy day.
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Messages In This Thread
[] - TK - 10-15-2012 09:30 PM
[] - Joe in texas - 10-15-2012, 09:30 PM
[] - Grizzly Man - 10-15-2012, 09:30 PM
[] - MOMMA ! - 10-15-2012, 09:30 PM
[] - Bflowing - 10-15-2012, 09:30 PM

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