01 September 2005
High Gas Prices - It's ok

Well, not really.  But I heard an interview with someone on NPR today that kind of made me accept the higher prices much easier.

(let's see if I can interrupt/remember this properly, it's late and I've been working all day)
Gas prices are priced similar to Supply and Demand.  Well, our supply is much lower now (and getting even lower).  We still have a supply but the supply is ~20% less (or was that 40%?).  If our supply is less, our demand MUST be less (lowered).  How do you lower the demand?  Raise the prices to a point so only necessary people/trips are using gasoline.  If there's not enough supply, raise it even higher. 

This deters people from driving just 2 miles to their local grocery store (they can walk).  This deters the teenagers driving on the "strip" Friday and Saturday nights.  This deters just about any unnecessary driving all together.

I hate it as much as you guys, but they are right.  We've got such a high demand for fuel that it's starting to kick us in the ass.

It's time to invest into alternative fuels.  I've often thought about converting my Lincoln to Liquid Natural Gas (run on both gas or LNG).  I think it's time to really research into this.

The Oil Men have enough for them and the next four generations to retire on (asses).  Time to kick them to the curb.

 

Reader's Comments
Oil Profits said:
Eric,

What do you think about the prices now that the past 3 month profits have been announced? Yes, they earned $77,000 per minute ... yes ... per minute. Is that necessary?
# 30 October 05 9:39 AM
It was a scam. They tried defending themselves, but hell they were not even swore in!

Jon Stewart said it best.

"The price of gas is controlled by a group comprised of Jews, *** Chaney, that guy from Harry Potter, a munk, and the Dalai Lama.

It makes just as much since as anything else I've heard." -
# 11 November 05 1:16 PM
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