Posted by
Marshall on Tuesday, May 08, 2007 11:48:08 AM
I just received, for the second time, the stupidest e-mail about how we can affect gas prices. The e-mail says that a "retired coca-cola" executive came up with the idea. Supposedly he has a buddy who works for....Halliburton?! You will note how they claim this "idea" came from two of the big businesses that few Americans understand anything about, apparently.
This "idea" has absolutely no basis in reality, none. They even waste time stating the stupidity of not buying gas on a certain day. It claims that reducing the market share of the biggest oil producers will affect prices. They pick a price out of the air that they claim can be achieved. They even claim that they are a "mathematician".
Doesn't supply and demand have ANYTHING to do with oil prices? Considering the fact that this e-mail has made the rounds more than once the author is pretty certain, and with good reason, that the people who forward it are also much less than "mathematicians".
Do Exxon and Mobile simply make up prices? Do the e-mails authors think that the difference in cost will be made up by removing the companies profits on "surplus labor"? What about the regulation of the distillation of petroleum? What about restrictions on exploration? Taxes make up around .50 per gallon of gas and ethanol subsidies another .50 a gallon.
What about the FACT that adjusted for inflation gas prices are lower at $3.00 today than they were at $1.50 10 years ago?
No one cares or has a clue. They FEEL that the "rich" take to much, and they want some of it. For no effort, of course.