Monday, October 12, 2009

"Tumbling" Gas Prices

(I posted the following response to an article on the recent "Tumbling" gas prices across the country. In actauality, the average prices have dropped a whopping 4 cents over the past two weeks.)

Four cents? Since when is a lousy four cent drop even considered a "tumble?" The gas prices have stayed at the same level in my area since May. There has been no "tumble" in the price [locally].

And to compare last years' greed driven prices to this year is nauseating. "(Compared to last year) that's down 83 cents." The media is simply trying to placate the american public by regurgitating useless facts that were caused by self-serving energy speculators.

Gone are the days when actual fundamentals dictated the price of oil and gasoline. They have been replaced by hype, over-sensitive market conditions, excuse driven spikes in prices, and the always timely "[insert facility name] refinery is down for maintenance."

Greed drives these commodities now more than ever, and the Federal Govt. sits on the sidelines doing nothing but raising taxes on every gallon of gas we pump. It's no longer a free market when a few companies control everything. The last time this happened, Standard Oil was declared a monopoly, was broken up, and independent dealers thrived.

But that will not happen again. Too many and too powerful are the lobbyists that are constantly pushing their agendas on Congress. Greed wins out over the wishes of constituents.