Tag: drilling
Supply & Demand on the Price of Gas
by Daniel Cole on Apr.27, 2006, under News & Politics, Rants & Raves, Thoughts
Everybody is talking about the price of gas right now. It’s the hot button issue, so I’m going to weigh in. Supply and demand affect the price of gas and not price gouging or any other radical idea. The only way the price will lower is if there is more supply or less demand, and I don’t see demand dropping much. So the only thing our government could do to help the situation is to reduce the regulations on drilling.
Everyone talks about becoming energy independent. Well, it’s not going to happen if oil companies aren’t allowed to drill off the East, West, and Gulf Coasts and/or Alaska. We also need more refineries.
Taking more taxes from the oil companies recent profits is not going to help the situation nor would it be good precedent in our country. Private business is a cornerstone in functioning society. If gas becomes socialized bad things will happen. Most socialized programs fail miserably.
U.S. Congress, do not even consider taxing the oil companies to get their profits or even think about socializing gas!
One fun, radical idea to fix our oil problem is to invade Canada! We’d get more cold weather croplands, more timber, more oil & natural gas, and only a little more than 30 million people. California has about 36 million. The U.S. would double in physical size. Canada has lots of fossil fuel opportunities. It would be a great economic boost. They don’t have much of a military. They can still have their provinces, but will now become states.
A less radical plan would be to slowly start buy their land right out from under them. Then, the landowners would be American and they could force the parliaments to join the Union.
All we have to do next is move south. Western Hemisphere domination!

