For all you oil alarmists and fern fondlers...

[AchilleLauro]

http://www.opinionjournal.com/weekend/hottopic/?id=110007377

 

[sstearns2]

First off, the editorial page of the WSJ is a propoganda arm of the GOP and is not known for being factually accurate.

http://mediamatters.org/archives/search.html?string=wsj

We will assess at another time the many dreadful ideas--price controls and "windfall profit" taxes--that Congress is considering to deal with the energy crisis. But for today it is sufficient to note that the free market will deliver oil, electricity and other forms of energy at declining prices in the future, if only the government will let the market's benign and productive forces work their magic.

The 'free market' is what allows the oil companies to raise prices with impunity and make huge profits. The 'free market' is what allowed the Enron and other companies to manipulate the electricity market and make huge profits. The 'free market' is transferring a huge amount of wealth from the vast majority of the country to the top 0.1%.

Who would price controls and 'windfall profit' taxes on gasoline be 'dreadful' for? Certainly not you or I. It would be 'dreadful' for the oil company executive and their shareholders. That's who the GOP is working for, not you or I.


Scott

 

[AchilleLauro]

First off, the editorial page of the WSJ is a propoganda arm of the GOP and is not known for being factually accurate.
Scott

Hmmm, that's funny. Here's was AccuracyInMedia has to say about the WSJ...

"Unlike the editorial pages of most newspapers, they publish editorials and columns that provide both good factual information and analysis of serious subjects solidly based on facts."

 

[semperfido]

WSJ is the only paper i subscribe to. it is kinda like IMUS--an acquired taste

 

[Dangerkitty]

First off, the editorial page of the WSJ is a propoganda arm of the GOP and is not known for being factually accurate.

http://mediamatters.org/archives/search.html?string=wsj



The 'free market' is what allows the oil companies to raise prices with impunity and make huge profits. The 'free market' is what allowed the Enron and other companies to manipulate the electricity market and make huge profits. The 'free market' is transferring a huge amount of wealth from the vast majority of the country to the top 0.1%.

Who would price controls and 'windfall profit' taxes on gasoline be 'dreadful' for? Certainly not you or I. It would be 'dreadful' for the oil company executive and their shareholders. That's who the GOP is working for, not you or I.


Scott

Great quotes direct from the Liberal Handbook of Socialist Ideas.

I guess simple economics is a foreign concept to you.

Supply and demand couldn't be the reason that Gas is $3.00 a gallon could it?

 

[TonyC]

Supply and demand couldn't be the reason that Gas is $3.00 a gallon could it?

The gas companies are using a different version of that theory these days. They supply the gas and demand 3 bucks in return.







.

 

[semperfido]

there does seem to be some price gouging going on. glad i don't have a H2

 

[Dangerkitty]

The gas companies are using a different version of that theory these days. They supply the gas and demand 3 bucks in return.







.

Uhhhhh, wha?

 

[Tarzan]

The 'free market' is what allows the oil companies to raise prices with impunity and make huge profits.

Free market? Is that why the gas companies can't build new refineries? Free market? We're here again thanks to government restricting the amount of oil that can be refined.

While the oil companies are making a bunch right now, they will have to spend vast sums on building and maintaining new refineries as well as repairing and maintaining what they have now. Don't buy everything you hear from you Democratic Underground buddies. Don't believe everything you hear from Rush. Somwhere in the middle lies the truth but there is an oil "bubble" right now. No shortage oil but a percieved shortage of it and the knowledge that refineries are operating at about 95% capacity before the hurricanes happened.

Government ain't helping here, only getting in the way. At least they approved the bill to make it easier to build some more refineries.

 

[Dangerkitty]

Free market? Is that why the gas companies can't build new refineries? Free market? We're here again thanks to government restricting the amount of oil that can be refined.

While the oil companies are making a bunch right now, they will have to spend vast sums on building and maintaining new refineries as well as repairing and maintaining what they have now. Don't buy everything you hear from you Democratic Underground buddies. Don't believe everything you hear from Rush. Somwhere in the middle lies the truth but there is an oil "bubble" right now. No shortage oil but a percieved shortage of it and the knowledge that refineries are operating at about 95% capacity before the hurricanes happened.

Government ain't helping here, only getting in the way. At least they approved the bill to make it easier to build some more refineries.

Yeah, what he said.