Re: Welcome to North Korea




Scott en Aztlán wrote:
> Following Hawaii's lead, lawmakers in the rest of the country are
> being pressured to put a cap on gasoline prices. Not only is this
> flying in the face of the who capitalist market-based economic system,
> but if gas prices are kept artificially low what incentive will the
> avergae SUV-driving moron have to conserve? What incentive will
> business have to develop alternative fuels? All price caps will do is
> increase our dependence on foreign oil.
>
> Here's hoping the politicians have the BRAINS and the BALLS not to
> cave in to the pressure from their dumbass constituents.

The politicians should go back and read up on the wage and price
controls that Nixon attempted to enforce. Unless the politicians in
Hawaii (and elsewhere) have decided to take control of the gasoline
production system the gasoline will be sold somewhere at the market
price. This is little more than an attempt by politicians to make the
electorate think they are really doing something. It could backfire by
causing shortages.

.



Relevant Pages

  • Re: "The Only Thing They Learn" -- does anyone else find it irritating?
    ... you mentioned that "oil refineries and the like require billions ... I'm sort of assuming that price help ... A 1/100 scale plant ought to ... to think that gasoline is going to stay at $4/gallon for more than a ...
    (rec.arts.sf.written)
  • Re: _Way_ OT: Farenheit 911
    ... didnt know gasoline cost some much more in europe than the US. ... recently there is a sharp increase in price (that's a big news story ... are you talking about using coal power plants as ... get about 74% of our electricity from nuclear power ...
    (comp.dsp)
  • Record-high Fuel Prices Defy Oils Drop
    ... As other countries enjoy the cheapest gasoline prices since 1991, ... petrol in Cambodia remains a record $1 per liter. ... the price for of crude oil had fallen to roughly $57 a ... dirctor of the Economic Institute of Cambodia ...
    (soc.culture.cambodia)
  • Re: Tax refund checks
    ... On "Marketplace," a program that airs on my local public radio station while I'm sitting in the car waiting for my son to finish his Tuesday trumpet lessons, had a few experts on today who said the price of gasoline has absolutely nothing to do with supply and demand. ... The futures markets got a whiff of decrease in demand, and the price of a barrel dropped over 3% today. ...
    (rec.music.classical.guitar)
  • Gasoline prices ready to hit new high in S.F.
    ... Gasoline prices ready to hit new high in S.F. ... Although San Francisco's average gasoline price reached $3.34 Thursday, ... Refineries were almost done with their annual spring ... Market analysts predicted that the stunning late-winter run-up in prices ...
    (rec.autos.makers.chrysler)