Re: Fuel shortage

From: SJC Worldwide (rootes(at)ix.netcom.com)
Date: Thu Sep 14 2000 - 16:41:02 CDT


Steve Laifman wrote:

> JACranwell(at)cs.com wrote:
>
> > It would be interesting to see the sort of revolt you'd have in the US,
> > should your price get to +/- $5/gallon, which is roughly what it is over here
> > right now. Some crazies have been paying $20/gallon in the frenzy to find
> > fuel the last few days.
> >
> > Regards,
> >
> > Julian Cranwell
>

Here's some gas politics for the list. Historically, when fuel shortages show up,
it's almost always not that there isn't enough fuel, it's because of distribution
problems, usually brought on by stupid government regulations, as in our fuel crisis
in the 1970's when the geniuses in Washington made it illegal for gas companies to
distribute fuel from states with an over supply, to states with an under supply. The
other reason these show up is due to over regulation and heavy taxes, as the U.K. is
now experiencing.. The U.K. is one of the world's larger oil producers and the
excessive price of fuel, which has caused the current "trucker revolt" there comes
from over taxation, not under supply. If the free market were allowed to determine
fuel prices in the U.K., you wouldn't pay any more there for a gallon of gas/petrol
than you do here in the U.S. And remember, the government makes as much or more
"profit" (taxes) per gallon of gas than do the oil companies that produce it. And
no, I don't work for an oil company.

I'm especially interested in this now since I'm just about ready to plunk down my
$$$ for my 320 HP Tiger engine and 5 speed and I don't imagine my fuel consumption
is going to go down too far!

Steve Sage



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