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Thursday, May 01, 2008

Hillary: I Wouldn’t Let Gas Prices Get So High

Rank pandering:

KOKOMO, Indiana (CNN) – Hillary Clinton is defending her proposal to eliminate the gas tax this summer, as rival Barack Obama and some economists continued to criticize it as a gimmick to appeal to voters that won’t actually impact their wallets.

“You’re going to hear from my opponent, and you’re going to hear from columnists and you’re going to hear from talking heads about how there’s nothing we can do about these gas prices except to have a long-term plan,” Clinton told supporters at an Indiana rally Wednesday night.

“Well of course we need a long-term plan,” said the New York senator. “But I’m not going to sit idly by and see people go out of business who are independent truckers not able to continue to choose between food and gas because they can’t afford either. I’m not going to sit idly by.”

I’ve got two reactions: First and foremost, as a limited-government proponent, “sit idly by” is pretty much exactly what I want politicians to do.  At least on the gas prices issue.  Political solutions to high prices are almost always worse than the high prices themselves, and given that most liberals like Hillary Clinton support punishments for the oil industry in the form of new taxes and regulations (things that would only drive prices upward) that’s certainly true in this instance.  Just last night Hillary was basically telling Bill O’Reilly that she’d like the government to regulate oil industry profits.  That’s not anything any free-market loving American should want.

My other reaction, though, is why liberals want lower gas prices anyway?  Doesn’t gas use pollute the environment?  Aren’t we supposed to be looking for alternative energy sources for things like transportation?  Keeping the price of gas low - if it were even within the power of the politicians to do such a thing - would only ensure that more gasoline gets consumed.  And that increased consumption of gasoline would postpone the day when consumers begin looking for transportation fueled by alternative energies.

For the average consumer price is the primary deciding factor when it comes to something like transportation.  I’d be willing to wager that most people who are buying fuel efficient vehicles like hybrids and the like are doing so more to save money on gas than to “save the planet.” Thus, the greatest motivation that will exist to push people away from gasoline and inefficient vehicles is high gas prices.

You want people to stop driving GMC Yukons?  You want more people to use public transportation?  You want more people to walk or ride bikes to work?  You want more people to take hybrids, hydrogen cars, electric cars and biofuels seriously? 

Let gas get up to $5.00/gallon or higher so that the decision about those things I’ve just mentioned is market-driven and not mandated and/or subsidized by the government.

Comments

Here’s a novel idea; increase the supply!

Kevin on May 1, 2008 at 10:01 am

Short of fixing gas prices there is no way to control the price of gas. The left has been blaiming Bush for the price of gas but the reality is the left and enviornmental wacos have held up construction of refineries. There is plenty of crude oil they need to refine it.


check out Goon’s World

http://ndgoon.blogspot.com/

Goon’s North Dakota Red Neck

http://redneckndgoon.blogspot.com/

goon on May 1, 2008 at 10:03 am

Ethanol alone is responsible for about a dollar of the present price of gas.  Get rid of the ethanol subsidies and mandates, and we have $2.60/gal gas.  I’ll take that every time.


"If the good men are silent only the wicked are heard.” - Edmund Burke

robert108 on May 1, 2008 at 10:43 am

As previously discussed, the increasing price of crude oil and gasoline are tied to the market value of the dollar.  As the dollar strengthens and starts to increase in value vis a vis the euro and other currencies, look for oil prices and gasoline to decline.  Crude oil has already lost nearly 9% in dollar denominated price this week.


“Poverty of goods is easily cured; poverty of the mind is irreparable.”

Bat One on May 1, 2008 at 11:04 am

As previously discussed, the increasing price of crude oil and gasoline are tied to the market value of the dollar.  As the dollar strengthens and starts to increase in value vis a vis the euro and other currencies, look for oil prices and gasoline to decline.  Crude oil has already lost nearly 9% in dollar denominated price this week.

Yea AND drill like there’s no tomorrow! Plus open refineries in Mexico or Canada if need be to get around these morins but GO!!  NOW!!!

golfmann on May 1, 2008 at 05:50 pm

As previously discussed, the increasing price of crude oil and gasoline are tied to the market value of the dollar.  As the dollar strengthens and starts to increase in value vis a vis the euro and other currencies, look for oil prices and gasoline to decline.  Crude oil has already lost nearly 9% in dollar denominated price this week.

Yea AND drill like there’s no tomorrow! Plus open refineries in Mexico or Canada if need be to get around these morons but GO!!  NOW!!!

golfmann on May 1, 2008 at 05:50 pm

golfman,

Actually, your comment was well worth the repetition.  Amen!


“Poverty of goods is easily cured; poverty of the mind is irreparable.”

Bat One on May 1, 2008 at 09:43 pm

Gas prices have skyrocketed since the Dims assumed the majority. Was Billary not part of the majority? What has she done, as a member of the Dim majority, to restrain the steady rise of gas prices?


Una Salus Victus Nullam Sperare Salutem

2Hotel9 on May 2, 2008 at 03:52 am

Hillary has not allowed drilling in ANWAR.  Talk is cheap for liberals.  Votes are what counts.  Same for Obama.


Communism is evil

Chief RZ on May 2, 2008 at 05:23 am

We should be doing to things to secure America’s energy future.

1. We should immedietly begin drilling in ANWR and the Gulf Coast, but in as responsible a manner as possibe.

2. Someday we’re going to run out of oil and when that day comes we need to be ready with a better technology. For that reason, I propose that we focu all college financial aid on students who major in Math, Science or Engineering. Those are the people who are going to create our post oil technologies.

Wing Chun Geologist on May 2, 2008 at 08:17 am
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