Wednesday, May 16, 2007

A day late


The gas boycott on the 15th was the most ASININE thing I have ever heard of! Everyone thinking about it for half a second will realize that instead of buying gas on the 15th, everyone will buy gas on the 14th or 16th. If we want to affect the price of gasoline we need to remember the laws of economics.

We need to stop acting like it's the big bad oil companies who are unfairly gouging us. Prices are determined by supply and DEMAND. The reason oil companies can "get away" with charging $3+ per gallon is that we the consumers are willing to pay it. Sure we may grumble and complain, but until we decide that gasoline is just too expensive to buy altogether, oil companies will be able, and perfectly justified, in charging what they do.

What if we just stop buying from certain companies until the price comes down? That idea sounds a little better, but remember supply is still limted. In order to keep up with the increased volume from the boycott of one company, rival companies will either have to raise prices, or else buy gasoline from the boycotted company.

The only way to lower the price of gas is for us consumers to stop demanding as much. Generally. Not just today or this month; we have to cut our consumption permanently. If you aren't willing to that, then you better fork over the bucks.

Oh, and if you want the government step in and require lower prices, we will only see shortages.

4 comments:

Thoughloversbelost said...

I think the problem these days is that many are too inclined to the immediate knee-jerk reaction over thinking the problem through. Thank the media for that brain infection.

If I had unlimited funds would I drive a big gas-guzzler? Nope. It's only me in the car 99% of the time, so there's no need to drive a tank.

Oh, and if you convert litres to gallons, the current price here ranges from $5.00 to $6.50 per gallon.

Sure, bitching about gas prices and the weather are standard pastimes, but, there are ways around it. I'm no tree-hugger, but, you have to adjust, it is just the times we are in.

Anonymous said...

Pink,
I think you should be the first GAY Republican to run for President of the USA when you turn 35. I like your thinking and politics.

Pink Elephant said...

Though, I agree: It's too easy to bitch and blame someone else whenever we don't like something. I admit I probably indulge that sin as well, but I try to mindful and am cutting back :)

Anonymous, hmm...that might save me the trouble of coming out to my parents directly; I'll let CNN do it for me :)

matthew said...

Part of the problem is the utter dishonesty on the left about anything having to do with economics. They think we live in an infinitely malleable world, where all it takes to solve problems are decrees from on high. There is no scarcity in the leftist understanding of the human condition, and everything is a zero-sum game.

People need to remember we tried the leftist program once before (and are still engaged in a somewhat milder version of it): tax the hell out of the rich to fund programs that only reward personal irresponsibility. Human beings have short memories, though, and the longing for easy solutions is a permanent temptation.

And yes, OBVIOUSLY P.E. should run for president. If nothing else, he could be a gay, better dressed Ron Paul -- showing up to debates to expose most/all of the other candidates' lack of principle, but with nicer ties and frequent references to show tunes.