W. Packard: Oil companies in control

As people quietly go about their days, trying to earn enough money to heat their homes and fill their gas tanks, Wall Street has hatched a new plan to rob people well into the future.

Because of climate change, caused by explosive industrial expansion needed by ever-increasing population growth, oil is falling out of favor. Countries worldwide are gearing up for renewable energy, such as windmills, tidal power, solar energy and electric hybrid automobiles.

Right out of the blue, the state energy policy opens the door for anyone to purchase electricity and sell it to the public. So, look who is circling their wagons. The same ones controlling heating and gas prices (major oil dealers) are now selling electricity and, as the public becomes more dependent on electrical usage for heat and transportation, guess who will be controlling the price?

State and city governments should sell the public the electricity in order to raise revenue and reduce taxes. The state should also be regulating the prices to control future costs, as well as reduce taxes.

It is time local and state governments started to make money, rather than take money. Look after the taxpayers instead of the special interests.

If oil companies can make money selling electricity, so can the towns.

I would love to use electricity and reduce my tax bill.

Warren Packard, Rumford

What do you think of this story?

Login to post comments

In order to make comments, you must create a subscription.

In order to comment on SunJournal.com, you must hold a valid subscription allowing access to this website. You must use your real name and include the town in which you live in your SunJournal.com profile. To subscribe or link your existing subscription click here.

Login or create an account here.

Our policy prohibits comments that are:

  • Defamatory, abusive, obscene, racist, or otherwise hateful
  • Excessively foul and/or vulgar
  • Inappropriately sexual
  • Baseless personal attacks or otherwise threatening
  • Contain illegal material, or material that infringes on the rights of others
  • Commercial postings attempting to sell a product/item
If you violate this policy, your comment will be removed and your account may be banned from posting comments.




If government takes over electricity ...

... there are two guarantees: (1) electricity will be more expensive than it is now; and (2) it will be less reliably available.

Before a government can sell something, it has to buy it from those who produce it. If government then regulates its sale price below cost, it has to make up the difference by ... hiking taxes! Unless, of course, you're the federal government and you can just print money.

It might make you feel warm and fuzzy to buy your juice from the town of Rumford, but you'll pay, one way or the other.


Stay informed — Get the news delivered for free in your inbox.

I'm interested in ...