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HarleyEarl

Americans Favor Oil Company Taxes

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September 26, 2005 Most Americans favour oil company taxes to finance alternative energy research Washington, D.C. - A poll conducted by the Opinion Research Corporation found that four out of five Americans surveyed would support a "tax on the windfall profits of oil companies", if the revenues were devoted to alternative energy research. The poll of 1,019 respondents, conducted for www.40mpg.org, also found that 87 per cent of Americans polled think oil companies are gouging gasoline companies; 81 per cent say the federal government is not doing enough about high energy prices and over-reliance on Middle Eastern oil; 73 per cent believe that recent gas price hikes make it more important that the government impose higher fuel-efficiency standards; and four out of five said U.S. automakers should follow Toyota's lead, which intends that "all of its new cars going forward will use fuel-saving hybrid technology". In response to the poll, 40mpg.org is launching an online petition allowing Americans to tell their members of Congress and the White House that they want major steps taken in oil profit taxes and tougher fuel-efficiency standards on vehicles. An earlier survey in March found that two out of three respondents thought it patriotic to buy a fuel-efficient vehicle and therefore require the U.S. to import less Middle East oil. Of the one-third that disagreed, 14 per cent did so strongly.
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Went and checked out 40mpg.org. Their savings calculator really doesn't say much for hybrids, when compared to my Cobalt. My real world mileage average (highway with traffic jams and city) is 36 mpg. One highway trip from Hamilton to Toronto (about 80 km, about 300 m downhill) was 46 mpg!! Anyways, here are the results from typing my 36 mpg, $3.25/gal (about what Canadian gas is) and 20k miles/year into the calculator: If you drove a car of any type that achieved 40 mpg fuel efficiency, you would ... SAVE $7.52 each month $90.28 each year $902.78 each decade BURN 2.31 fewer gallons of gas from Middle Eastern oil each month 27.78 fewer gallons of gas from Middle Eastern oil each year 277.78 fewer gallons of gas from Middle Eastern oil each decade EMIT 46.30 fewer pounds of CO2 pollution each month 555.56 fewer pounds of CO2 pollution each year 5,555.56 fewer pounds of CO2 pollution each decade If you drove a hybrid car that achieved 50 mpg* fuel efficiency, you would ... SAVE $21.06 each month $252.78 each year $2,527.78 each decade BURN 6.48 fewer gallons of gas from Middle Eastern oil each month 77.78 fewer gallons of gas from Middle Eastern oil each year 777.78 fewer gallons of gas from Middle Eastern oil each decade EMIT 129.63 fewer pounds of CO2 pollution each month 1,555.56 fewer pounds of CO2 pollution each year 15,555.56 fewer pounds of CO2 pollution each decade
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