Monday, May 24, 2004

Gas Prices.

They keep going up. I have very mixed feeling about this phenomenon.

This is good because:
-It will force us to become more efficient with our consumption of oil.
-I can laugh at all the stupid SUV owners.
-It might bring about more demand for energy efficient or hybrid vehicles.
-People will be more likely to use existing or demand more public transportation.

It is not good because:
-I am sure Chenney and his oil buddies are making a pretty buck (which will probably be paid back into Bush's re-election campaign).
-SUV owners are the ones who can afford to pay the excessive costs of gas.
-Poor people will face higher costs for commuting.
-Cash-strapped local governments are likely to cut back on public transportation.
-This will inevitably lead to inflation (higher costs of transporting goods=higher prices).

Maybe it is a sign of better things to come. Let me explain. The oil companies are beginning to think that Bush will lose the election, so they might as well gauge the public now while they can. One can only hope...

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