Wednesday, July 11, 2007

Thoughts On Gas Prices

At least a couple of times per year gas prices will spike.

As sure as the sun will rise, Democrats will want to investigate oil companies and propose taxing "excess" profits.

First off this is politics at its worst. Prices rise and fall based on supply and demand. Additionally they are affected by government policies...for instance the US has not built a new refinery in decades.

Here is my thought for the day.

Most of the politicians that scream about the high gas prices...tend to be the ones saying we have to do something about global warming.

If that is the case...shouldn't they be FOR higher gas prices? Higher gas prices over time forces people to reduce their consumption of gas...which means less carbon dioxide in the atmosphere...which of course is as they claim a leading cause of global warming.


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