While I was out campaigning for President the other day (in the most ignored
campaign in history), a young man said to me, "if you want to get elected all
you have to do is say you will lower gas prices. I told him I have
made a lot of promises, but I won't make any that I can't keep. At this point
there is little if anything that the president can do about gasoline prices.
nationalize the industry, not really a capitalistic move though. The truth is that
gas prices are finally where they should be and our economy is responding, as quick
as it can. The plans outlined in my "one big fixx" plan would help give
some relief, if the international bankers think that the value of the U.S. dollar
is increasing. We must boost our Gross National Product and export more tangible
goods instead of jobs. We must prop up the housing market and savings plans for U.S.
Citizens. When we take care of these things the dollar will rise. One
big fixx addresses all these problems. In the long run, higher fuel prices will
be good for America, cutting down on usage will help the environment and supporting
local businesses will help the local economy by keeping the money closer to home
for longer periods of time.
However I do have to point out that the gas
companies are making record profits, while saying our cost has doubled so the price
has to double. This is an out and out lie. The cost of an imported barrel of gas
has doubled, the cost of a U.S. Produced barrel of gas is exactly the same as it
has been for the past ten years and we supply 20-25% of our own gas. Why don't the
gas companies that produce our oil decrease their prices? Because we would use up
all the cheap oil and then they would not be able to make billions of dollars next
year. Capitalism there is nothing like it...