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OT: Gas hostages [message #85202] Thu, 24 May 2007 23:02 Go to previous message
Dedric Terry is currently offline  Dedric Terry   UNITED STATES
Messages: 788
Registered: June 2007
Senior Member
http://news.yahoo.com/s/ap/20070525/ap_on_re_us/gas_price_pr otest_8;_ylt=Aht
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A good idea in theory, but I doubt it would help, even if every station did
this, since demand will just make up for it the next day. At least someone
is doing something.

It is getting old being held hostage by oil companies making record profits
every quarter and claiming gas prices have nothing to do with it...yeah,
right, and the sun has nothing to do with day and night. The shell game is
one of the oldest cons in the book. Even Congress has "fallen" for it -
twice I believe (2 investigation into price fixing exonerated the oil
industry...so where's the profit coming from? ...and going).

I hear our illustrious new congress plans to attempt some legislation to
ease the problem... at the end of the summer they say... great, *after* a
full season of skyrocketed gas prices, more record profits, and just in time
for prices take their token "drop" in the fall to lull the country into
believing someone actually did something, and $3.75 isn't so bad anymore
(after we see $4.50+). Yet another "we'll solve the problem by hoping
everyone will forget about it so we don't actually have to do anything"
solution.

And no, the solution isn't as easy as saying "let's go find an alternative
fuel source"...and new modes of transportation on a massive scale), even
though that is the only ultimate solution. Remember, record profits mean
steady or falling costs, rising prices, and rising demand on a repeated
basis, even in Economics 101. In the meantime, we the consumers need to
fight back. If we don't, the oil companies will continue to bite the hands
that feed them until the country falls into depression and half of them go
bankrupt.

Sorry for the rant.

If I were President, this would not be a problem. Needless to say, oil
execs would *not* be voting for me. ;-)
 
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