Has Anybody Noticed? Gas is Back to 2.129 Per Gallon
Nothing turns politicians into demagogues like high gas prices.
We hear loud demands to investigate the evil doers running the oil companies, who must (the idea goes) be manipulating prices.
We hear loud demands to confiscate the “excess profits” of the oil companies.
Of course, if the oil companies were manipulating prices, they would keep oil prices high. Why bother to increase them and then let them go back down?
But go down they do.
Sighted on College Avenue just yesterday: gas at 2.129 per gallon.
This will shut up the demogogues for now. But when prices go back up -- and sooner or later they will -- they will be back in full force.
They don’t learn. It serves their interests not to know.
We hear loud demands to investigate the evil doers running the oil companies, who must (the idea goes) be manipulating prices.
We hear loud demands to confiscate the “excess profits” of the oil companies.
Of course, if the oil companies were manipulating prices, they would keep oil prices high. Why bother to increase them and then let them go back down?
But go down they do.
Sighted on College Avenue just yesterday: gas at 2.129 per gallon.
This will shut up the demogogues for now. But when prices go back up -- and sooner or later they will -- they will be back in full force.
They don’t learn. It serves their interests not to know.
Labels: Gas Prices
posted by John McAdams at 8:54 PM
3 comments
