I disagree with your comment that "Gas prices went up - because we cannot drill offshore."
We live in a capital market society driven by simple economic principles of supply and demand. Our demand has skyrocketed and although production has kept up with demand, we have to ask whose fault is that? Any company that is market driven will maintain a healthy demand over the supply in order to increase their return on investment. People who buy Hummers, large recreational boats, etc continue to suck down fuel at high rates.
Bottom line - - we, as Americans, love our big vehicles and are quite wasteful. And let's face it, if Shell or any of these other large petro companies wanted to build more processing centers, no one wants it in their backyard. We all want cheap power....but no one wants that cheaper power station in their neighborhood.
You want the price to go down? Cut demand. Simple economics - - - Econ101.
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Today's Featured Article - Harvestin Hay: The Early Years (Part 2) - by Pat Browning. The summer of 1950 was the start of a new era in farming for our family. I was thirteen, and Kathy (my oldest sister) was seven. At this age, I believed tractor farming was the only way, hot stuff -- and given a chance I probably would have used the tractor, Dad's first, a 1936 Model "A" John Deere, to go bring in the cows! And I think Dad was ready for some automation too. And so it was that we acquired a good, used J. I. Case, wire tie hay baler. In addition to a person to drive th
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