Gas Prices

 gas pricesNow, am I the only one who is sick of the whining by the media and the Liberals on gas prices? Every year we hear the same thing “By July the average price will be over $4.00” and it never is. I predict this year will be the same thing…it will not get to a $4.00 national average.

Anyway, back to the gist of things…I am just tired of hearing about gouging and profits and rip offs and all that garbage. Let’s get the facts right shall we? First of all, someone simply raising their price on something is not gouging. In fact, I would submit that in a free market economy, gouging doesn’t exist at all. It’s simply the market dictating the price of a good. Supply and demand. If there is any gouging going on, it’s from State and Federal Govco and the taxes they add to everything under the sun. I would bet that Govco actually makes more money off a gallon of gas than the oil companies do. Ever look at home much you pay to Govco every time you fill up?

How about profits. If you listen to Hillary, she wants to take the profits from the oil companies. Take their profits? Can someone explain capitalism to her? I wonder…if she also going to “take the profits” from Labor Unions? How about from Apple or Microsoft? Maybe she should take some of the profits she made on her books and her husbands speaker fees. How is making a profit wrong? Is GM wrong for trying to make a profit selling cars? While we’re at it, how about we get it right about what we are talking about. You hear the media talking all the time about the obscene profits oil companies are making but do you ever hear them talk about the profit margin? That is what one really needs to focus on. You can talk all day long about how Exxon‘s profits have doubled but what happened to their profit margin (if it really matters at all what a company makes when they are in the business of making money)?   It’s sad how people can be so swayed but the rhetoric coming out of the slime in Washington. Really though, it’s even worst that people lack the education to understand the BS they are wading in.

Yet another thing we are hearing now is how new records are being set all the time in regards to prices. In inflation adjusted dollars we are STILL paying less than we did back in the late 70’s and early 80’s. You also hear the word “fair” being thrown around. Really? Just what exactly would be a “fair” price for gas? What is fair for you would be too high for me so just who should set that standard? Govco? Congrats! You go to the head of the class of Socialism 101 with Liberal Democrats.

Speaking of Liberals, if you want to point to a reason for prices being high, they can be first on your list. Who keeps blocking attempts to drill for oil? Who backs the EPA in their ridiculous standards? Who opposes building more refineries? You can thank your local Liberal for that as well.

I hate paying more for something but I learn to live with it. It also really bugs me that concert tickets keep going up and up and up (you can thank the Eagles for that…but we can discuss that at a later date) but you know what…the bottom line is that it’s business. It’s supply and demand. As long as we choose to pay it, as long as we choose to buy hummers and Navigators, as long as we keep electing officials who refuse to admit that we live in a oil consuming world, we will keep paying higher prices for gas.

So, with all that being said, can we get a moratorium on the lies and the whining and the sob stories of higher gas prices and just get an education on things. Or, better yet, just create your own blog and rant and rave like I do! J

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5 Responses to “Gas Prices”

  1. newhoosier Says:

    I hate the use of “gouging” also. The term “gouging” (with respect to most laws) is meant to imply excessive overcharging in situations of despair and disaster. Note the word extortion in the definition.

    After a hurricane has passed through, if you charge triple for canned beans, that’s gouging. If you always charge triple for beans, you’re not gouging–that’s the price you always sell beans for.

    If the B.P. always charges more than Shell, you don’t have to get gas at B.P. and it’s not gouging, that’s what people are willing to pay. The same reason gas near the interstate is more expensive–you’re too lazy to drive the half mile to get cheaper gas. Call it a convenience fee.

    Though, I don’t think liberals are the problem here. We’ve known about our oil situation for 30 years and in that time we’ve done exactly squat about it. It’s all politicians’ fault, and who puts them in office? We do.

  2. Marty Says:

    Americans also fail to realize that we’ve paid far less for a gallon of gasoline over the past couple decades than our counterparts in other areas of the world. I look at it as the playing field being evened. And until we (I say that because I don’t do any of the following) decide to carpool, buy hybrids en masse, take public transportation, hike, or bike to work…oh well.

  3. Roland Says:

    It frustrates me that people try to ignore the fact that we live on oil. Like it or not.

  4. VintageC Says:

    I thought of your site when I heard a guy on talk radio the other day say he is calling for a moratorium on newscasters standing in front of pumps doing special reports on gas prices! HAHAHA

  5. Roland Says:

    Last week, every morning I heard the local radio guy lead off with gas prices. I am a creature of habit so every day I get up at the same time and get out of the shower at roughly the same day. Last week, every day at around 5:10am this guy would lead off with a story of gas prices.

    Have you seen them start to go down? They are here. What did I tell ya? It will not go to $4.00 national average.

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