Posted on 04/24/2006 4:59:57 AM PDT by FerdieMurphy
You forgot this paragraph:
c. Establish a number of distribution bureaus in each state to make sure that "market information" is maintained, so that no location is running short of gasoline, thus maintaining an even supply and easing any "gas lines" and spot shortages that might otherwise occur.
You are of course correct. It's frightening how many posters on this thread (in a nominally conservative forum) are calling for price caps and other federal interventions. Complete idiots of course. What we need is LESS federal intervention - lower taxes, get rid of the botique blends, get rid of restrictions in drilling in the ANWAR etc. Less government not more.
Refinery capacity is the bottleneck--we're now importing gasoline because we don't have enough refinery capacity to meet our own requirements.
They are both a problem but cheaper costs per barrel will have an immediate impact on the price of a gallon of gas at the pump.
Not much of an impact relative to building a new, modern refinery facility in California, say.
I actually wrote, "Sorry, due to ridiculous gas price increases, I can't afford to contribute to your re-election fund" on the last solicitation form I got in the mail.
He said this during his presidency. 1989-1993. I remember him saying it on c-span.
OK, so find me a citation for this. Clinton would have absolutely crucified him with that statement. He didn't.
So if refining capacity is truly the bottleneck then why are the gas prices rising along with the cost of a barrel of oil?
Right-O!!!
Comments like this along with comments recently on illegal immigrants is definitely going to sink the GOP -- and a good reason Tony Snow should turn down the job....
File it under "H", for Human Nature.
May be irrational but unfortunately they're also quite predictable.
Reckless politicians will waste no time creating the circumstances producing such predictable, albeit irrational, reactions.
Always have, always will.
It's ironic the Liberal-Socialists in league with their quisling mediots couldn't hurt this POTUS; yet, "Big Oil" will devastate the man using "free" markets to bind the hands of the consummer.
Markets mind you that're not physically located stateside, but abroad well beyond any POTUS' reach and/or influence.
Nevertheless this POTUS is extremely vulnerable as would any whenever people are hurting.
The leftist forces of evil will not waste such a golden opportunity to demagogue this pain & do so on a gargantuan scale.
They'll see to it this POTUS (*&* his party) are thoroughly blamed so they pay dearly.
Contemplate the ripple effect of an artificially trumped-up oil market on the rest of our economy.
No matter how it's added up, it doesn't bode well for the right.
And should it ever be revealed the whole thing was "fixed" it may very well become the biggest scandal (of my lifetime), fitting in nicely to the "climate of corruption" allegation(s).
All laid at the feet of a POTUS we were all warned long ago was, "Mr. Big Oil" by the Liberal-Socialist quisling mediots.
Yea-yea predictable, as hell.
As it stands today the mere suggestion Iran be dealt with due to nukes, our POTUS angering the OPEC sheikdoms with speeches promising energy independence et al (as he'd done several weeks ago to the stated horror of some Arab King?), a hurricane is all it takes to justify an exploding "market", huh.
And how sweet is it these oil market manipulations come from abroad, too.
Darnit.
Nation's oil execs have the *luxury* of simply throwing up their hands helpless, shrug & claim the "Free" markets are at work.
Concurrent to their phoney blather they're shoveling profits into the coffers which boggle the imagination.
HA!!
The Islamofacists knew precisely what they had to do to win election(s) in Spain & similar ploys have been used around the globe since resulting in the same outcome.
So it shall be in the good ol' USA.
Whether or not this POTUS can or cannot "control" the situation won't matter, a'tall.
And who's going to ask if the reaction(s) are "rational" or not, nevermind care.
After sufficient ginning-up with leftist propaganda these outrageous oil prices will surely motivate even the most uninformed & lazy of the masses to get off their dead asses & to the polls this election cycle.
Just wait 'n see.
People will go out of their way to vent their rage, big-time.
Good God.
...the Liberal-Socialists must be licking their chops. ;^)
I don't drive much, but I just turned my AC on, and the price of electricity seems to have doubled. Can the president help me with that?
Like France, the governments control the taxes. In New York it's $1.00/gallon combined with the Fed tax.
They've been trying to build a refinery in Yuma for some time now -- thought they were going to get their crude from PEMEX and now PEMEX says no, so they are trying to make a deal with Alberta to get crude from Canada, ship it down the coast in tankers and then run in a pipeline to Baja to the refinery -- and Mexico is right across the channel!
Not everyone can drive smaller cars. Depends on what you do for a living.
. . . like $400 million retirement packages . . .
Wonderful! < /sarcasm> Your solution to problems caused by government is to create more government. You need to do some reading Here and here and here just for starters. Your ignorance of the effects of price controls is so staggering that I suspect you'll need a lot more than just this.
Well, let's see. You probably know that the negotiations precede the meetings. Hu came with an armload of gifts that will improve trade balance. He ordered 80 Boeing jets, caved on intellectual property and ordered $500 million Windows installed in every Chinese computer, and reopened Chinese market to American beef. I was impressed.
What have we gained in our lifestyles -- really -- from NAFTA? We have improved the standard of living in India and China along with CEO's in major corporations, but have we really improved America's standard of living with NAFTA/CAFTA?Outsourceing??
Cab't become his dad, he isn't running again.
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