Filled up lately? No, not just $40 worth but fill ‘er up. If I am on reserve I can expect to drop a “C-note” and some change. That hurts more than walking away from a slot machine you played all day and watching a new guy come up and win the jackpot.
These energy prices are hurting us in ways we don’t know yet. One person said everyone is just charging it and paying the monthly minimum. We won’t get the full impact until a couple of years from now when every one’s credit is maxed out.
Here, there are many more people riding mass transit but the freeways are still full. I don’t think the prices matter to a lot of folks. They still do 75-85 on the freeway. I still see those jack-rabbit starts at the red light. Must be a lot of rich people around here. Their usage (demand) actual helps to increase prices. I try to run at 60-65mph. If I hit 70, my mileage drops fast. You try 65 mph on the freeway and see how many really are not in pain yet.
If the government was serious and really wanted to do something they’d be more serious than those $600 dollar checks.
Are you kidding? That will fill many tanks only about 6 times. What do we do for the other 46 weeks?
If the government was serious and really wanted to do something they would bring back the 55 mile an hour speed limit.*
Bringing back the 55 mile per hour speed limit would reduce consumption and *reduce green house emissions. We need something on the order of the 1974 Emergency Highway Energy Conservation Act but broader.
If the government was serious and really wanted to do something they would freeze retail prices right now by declaring a national emergency because that is what it is.
Freezing prices would give us time to reach consensus on what must be done to protect our economy. The Senate has no real idea what is happening. When do you think Senator Kennedy or Senator Rockefeller last bought gasoline? I’m willing to bet that half the Senate doesn’t even drive anymore.
If the government was serious and really wanted to do something they would disband the “futures” market.
This false layer of profits takers decides what crude and gasoline will be priced at – they never touch it. They never see it. They never take physical possession of it. They just set the price based upon how they see the world. They do the same with grain, rice, corn – you name it – they are taking a slice off the top right out of your wallet.
If the government was serious and really wanted to do something they would freeze ethanol production.*
This false market created by Presidential mandate has driven up the price of food. More forests are being burned and cut back to grow more corn – not to eat but for fuel. *Ethanol is not necessarily bad but it is having effects on green house gasses we didn’t predict. So ease off on the throttle. See what’s around that curve ahead.
If the government was serious and really wanted to do something they would start a Manhattan project on an alternative to gasoline.*
Not alternative energy. Yes, that would be good but really what do we need right now? Something to replace gasoline. It is never going to get better as long as we and the rest of the world are fighting for the limited supply of crude to produce gasoline. *This would also help the green house gasses we are so concerned about. So focus, not coal or solar or nuclear or natural gas. Just gasoline.
If the government was serious and really wanted to do something they would institute a windfall profits tax on oil companies right now.
Yes, just like we did in the 70’s but instead of messing with crude, tax gross profits. Oh I know, they have all those stock holders . . . Do you really think any of this money is making its way back into the economy? Is anyone building any new refineries? Is anyone expanding oil or natural gas pipeline? See a lot of new drilling going on? No, no, no and no. The money is just going into some gigantic vault like Scrooge McDuck used to play in. We can use that money for the economy. Help pay for the war (I thought we went to war for oil?). Fund the new Manhattan Project. Reduce taxes. Anything but leave it sitting in McDuck’s vault.
But they aren’t serious. Too much oil money going to campaigns. Too cozy with the Saudi’s. Too many special interests to keep satisfied. Not willing to step up. More wise than we who have to have gasoline. Blah, blah, blah . . . I hope we can afford $8 dollar gasoline. It’s just around the next corner.