I paid $47 dollars to fuel my car this morning. I realize many of you pay more but you must realize that I drive a humble compact car with a small gas tank. Because I ride my motorcycle as often as possible I fill up my car about every other week.
I had a conversation with a Seattle lefty about the price of gas, and she complained endlessly about 'big oil' and their price gouging. I told her that she should be thankful as I know in the past that she and other Puget Sound Bolsheviks have dreamed of the days where gas prices would be higher so that we would all pile into buses or take the upcoming light rail that goes nowhere. She has just had a baby and doesn't see the practicality of taking the bus at this time. I find it amazing how 'progressives' are experts in how everyone else should live.
She demanded that our government do something about the price of gas. Knowing this is just a trap and the average Seattle-ite knows bumpkus about real life economics I just let her continue. I asked, "What would you have them do?"
It didn't take but a minute to uncover what it is she really wanted. She suggested finally that the price be controlled. I did my best to explain to her that the laws of economics cannot be changed anymore than the laws of gravity.
She said, "Yeah, yeah...the law of supply and demand. I believe that's just an excuse to charge more so they can take in all these outrageous profits."
Unfortunately this country doesn't have a supply and demand problem, it only has a demand problem. Our supply will not grow without more refineries. Everytime we (and other emerging nations) demand more oil, the supply in our country stays the same. Under this arrangement our prices will always go up until we either increase supply or demand far less.
I can't increase the supply of oil in our country so I'm demanding less. I drive less and take my motorcycle anywhere that I can in place of a car.
If the government fixes the price of fuel we will see gas lines and shortages. There won't be any left to even fill up my motorcycle that gets 60+ mpg.
Here's a tip for my Seattle area liberal friends: Wanna get prices lower? Tell your congressman to let oil companies build more refineries and then find a way to use less YOURSELF. Try taking some of the advise you so willingly dish out to others.