I dont know forcertain but most if not all of that tax money on gas goes into our road/bridge system. Our roads are decent compared to most cities and I'd like to keep it that way.
Giving the federal government that power and control would create large risks for the economy. There is not a single government agency or division that runs efficiently; do we really want an organization that developed the U.S. Tax Code handling something as complex as oil and gas prices? I know most of you esp Throne has an issue the taxes. I find the top 1% paying 43% of all taxes pretty fair, but I still think there is room for improvement. Thats a whole different argument.
Lets go back to the basics of business and "hands off" government control, I mean this is America. Profit motives, competition, and individual ingenuity have always led to greater cost control and effectiveness.
-I am a firm believer in free market enterprise, again this is America.
-Having the gov't control gas would be against all beliefs and the law of economics (basic supply and demand).
-There would be no incentive for suppliers to continue producing gasoline.
the only way to lower prices is to use less as a whole country
This is a good read about the "gas crisis in 73" http://en.wikipedia.org/wiki/1973_oil_crisis
the article shows how all the targeted countries including the US handled the situation. even though we are not really in crisis mode now, the article still gives you an idea of how government controlled oil would look like to us the consumers. I for one want to chose when, where, and how much gas I get.