Sunday, June 8, 2008

Price of gasoline

So, which oil company is going to be the first to equip its stations with a new class of employee - a loan officer?

Let's see.

We won't drill for oil in ANWAR because it might bother some (non-endangered) polar bears.

We won't drill for oil off shore because it might threaten the breeding ground of a species you never heard of.

We won't build new refineries, because that might smell bad (Haven't built a new refinery in the United States in 30 years!!)

And yet we can't make the connection that some or all of these things might be leading to a supply problem?

Next time you fill up, and gas has just exceeded $5/gallon, don't think of it as a testiment to greed; think of it as a monument to stupidity. Think of it as chickens coming home to roost on people who turn a blind eye to the full implications of their public policy decisions.

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