Thursday, April 21, 2011

Gas Prices

An amendment has been offered to SB 78 in the NH House of Representatives that will cut the State tax on gasoline from 18 cents to 13 cents for two months. The total cost is estimated at $6.6 million and these funds will be averted from their intended destination of public roads and highways.
Republican House Speaker William O'Brien revealed the plan along with House Majority Leader DJ Bettencourt (R-Salem) and published their reasons here. O'Brien says that $4 a gallon gas prices are what citizens are concerned most about, not the economy, schools, or jobs. Bettencourt hopes that border hoppers from Mass. will load up on booze, cigs, and gas if the prices are low enough. They are both promoting this as a benefit for individuals and small businesses.
Without any oversight what is to stop the oil companies from pocketing those millions and not passing on the savings to consumers? The pump prices throughout the State vary now from five to twenty cents a gallon, who would really know which stations were complying and which were not? Is this just another big oil company payoff?
It was just recently reported that NH bridges are considered the 11th worst in the nation. Wouldn't it be more prudent to use these funds as originally conceived to repair the infrastructure? The road in front of my house needs a little work!

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