But Ryan beat me to this point. Not that I was going to call Titus Marx or Lenin or anything like that, but price control is a doomed option. History shows us this.
But...
That doesn't eliminate the "fuck" big oil option from the government level.
Do this by doing two things:
1) Slap a substantial tariff on imported light, sweet crude. (No sense taxing the shit out of someones heating oil, right Titus? You feel me on that one up there in Northeast Pennsylvania.) And when I say substantial, I mean serious, eye opening numbers. Something that is going to get someones attention. This single act has a two fold benefit.
A) Congress goes back and uses the money to pay for tax cuts and incentives for alternative fuel vehicles. I notice GM and Ford beginning to make substantial noise in this market. Good God, the salvation of the American auto industry may be here in the next oil crisis.
B) As Ryan so fondly puts it, here's the necessity for invention. This will doubtless jack gas prices higher. People won't want to buy an 8 mile per gallon Hummer at $75 a tank twice a week when some duel fuel Yukon gets 35 miles per gallon.
2) Remember in my New Deal the part about coal refinery plants? Get those going, federally owned plants that sell coal gasoline at market prices and pocket the billions in profit for tax relief and other domestic programs.
I so rock. Vote for Jambo instead of Pedro.
Subscribe to:
Post Comments (Atom)
2 comments:
Obviously, James DOES read my posts.
Did I actually advocate price fixing? Is capping a price increase on a resource THIS vital to our nation any more dangerous to the American way of life than capping prices after a disaster, or puttin gin sell-stops on a runaway stock market? Isn't there a way in which we can, as a nation, temporarily limit the percentage by which gasoline prices are raised? MY costs here when up $0.44 in 30 days, and have only come back down to $3.12... still only nine cents below its 30 day high. No crisis, no rise in OPEC prices, no natural disasters... just another market spike.
Would it be the death of our free-market system to put "stops" in place that curbed that spike to only 25 cents over 30 day? Is the loss of that 19 cents a gallon going to mean the biggest oil companies in America will have to shut down? Will it stop the flow of gas into the economy? I doubt it very much.
We, the public, were paying $1.80 a gallon in Sept of 2000. We have spiked during the invasion of Iraq and Katrina (the highest two spikes since '00 until this last month). With the increase of nearly $1.40 over 6 years, we have seen gasoline beat the average rate of inflation by more than 2500%. In reference to ANY OTHER COMMODITY, that would be labeled as price gouging every single time.
In this case, I call it a national security nightmare and a ball-and-chain on the economy.
I say vote for Baddboy!!!!
bomb the shit out of the oil producing countries and force all countries to accept alternative fuel options.
HAHAHAHAHAHAHA
Post a Comment