The Price of Gas!!!!
It truly pains me. It hurts my head for any political or financial analyst to explain what goes into the price of gas. Recently I heard that 22% is due to speculation. Another portion is due to refinery's seasonal change in the blends. Others allocate an undefined portion to a lack of drilling.
But when the price of gas jumps 10 cents in less than 2 minutes, live on the evening News - something is wrong! This is not a function of supply and demand.
It is a strain to believe that there are simplistic or small set of reasons. The national AVERAGE rose some 3 cents over night!
Is it possible that there are too many layers of different kinds of market driven forces? Perhaps it is along the lines of a several bubbles, within a one of several larger bubbles? And these larger bubbles are in a still larger bubble.
And yet there is one undeniable, irrevocable constant to the economic of the price of gas. The Supply of Gas will run out! The timeframe we are talking about is not in terms of epoc's. Even if it is a 200 years, it will run out!
Even if we drill baby drill - and then drill some more - the wells will run dry!
What is also insulting is that those who lived throught the gas-lines of the late 70's are expected to believe the non-sense about gas prices, as if something has changed!
Something was either broken then, or it is broken now. Logic suggests that it cannot be the same thing both times. There is logical disonance when I relive that period in my mind as the gas pump poking my car stops at 75 dollars because they have not been programmed for higher totals.
The issue is not Republican or Democrat. It is a national security issue, only because there is not even a cabal of business or corporate executive that are control it. The market forces are outstripping the corporation/citizen ability to cope - they can only profit - regardless of the supply.
I am missing something - there is something wrong with the picture at the pump - and God-dammit - I WANT TO KNOW WHAT'S WRONG!!!!
Keep the prices high
- just tell me an explanation of the price of gas that is more concrete than an explanation about UFO's!
Hell, jack the price up another nickle if the explanation can allow the individual to research and understand the true costs of a gallon of 1970's gas compared against 2012 gas. It is not simple inflation.
Why?! Why not??