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Car Forum / Driving, Maintenance, Tuning / Driving / August 2005

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Scott en Aztlán - 31 Aug 2005 05:17 GMT
Following Hawaii's lead, lawmakers in the rest of the country are
being pressured to put a cap on gasoline prices. Not only is this
flying in the face of the who capitalist market-based economic system,
but if gas prices are kept artificially low what incentive will the
avergae SUV-driving moron have to conserve? What incentive will
business have to develop alternative fuels? All price caps will do is
increase our dependence on foreign oil.

Here's hoping the politicians have the BRAINS and the BALLS not to
cave in to the pressure from their dumbass constituents.
Larry Bud - 31 Aug 2005 14:35 GMT
> Following Hawaii's lead, lawmakers in the rest of the country are
> being pressured to put a cap on gasoline prices. Not only is this
[quoted text clipped - 3 lines]
> business have to develop alternative fuels? All price caps will do is
> increase our dependence on foreign oil.

Conservation would be the least of our problems with price caps.
Nobody will sell a product in which they lose money on.  Therefore,
there wouldn't be any gas at the stations.
John S. - 31 Aug 2005 15:55 GMT
> Following Hawaii's lead, lawmakers in the rest of the country are
> being pressured to put a cap on gasoline prices. Not only is this
[quoted text clipped - 6 lines]
> Here's hoping the politicians have the BRAINS and the BALLS not to
> cave in to the pressure from their dumbass constituents.

The politicians should go back and read up on the wage and price
controls that Nixon attempted to enforce.  Unless the politicians in
Hawaii (and elsewhere) have decided to take control of the gasoline
production system the gasoline will be sold somewhere at the market
price.  This is little more than an attempt by politicians to make the
electorate think they are really doing something.  It could backfire by
causing shortages.
 
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