Well, let the HFT pricing schemes begin. Yes, went into work and gas was $3.09. In case anybody tries that old, "adjusted for inflation.." line, they can stop now, 'cause it's no longer even a shadow of the truth (that is, they can't find any statistic which will continue to point in that direction, like price at the pump compared to price per barrel adjusted for inflation, which was the last statistical line). Came out, gas was $3.49. Absolutely no reason for it either.
Everybody is going to pull out all the old chestnuts, supply/demand economics (bull), shortages (flaming bull, they are scheduled), NIMBYism (flaming bull on a stick), or "maybe we ought to adjust the cafe standards for cars shipping 5 years from now" (well, that stick is now pushed through a different section of the flaming bull).*
Want to see gas prices go down? Let's do what we did last time (1982). It's call a temporary windfall profits tax. Let's say, 50% of profits when profits are greater than 25% of operating costs/expenses. All money collected to be applied directly to the US Debt (not deficit).
* This should have been done back in 2000, but the Religious Right said, "God will take care of it." (seriously, I'm not joking) So the President stopped the Clinton program of having homegrown hybrid technology by 2006 (as in 25% of fleet) for his own Hydrogen tech program deadline 2011, and there are no goals with that (and we are woefully behind in deployment of infrastructure).
No comments:
Post a Comment