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The Terrible, Horrible, No Good, Very Bad Falling Gas Prices
cato ^ | 12-11-2014 | RANDAL O'TOOLE

Posted on 12/11/2014 7:08:04 AM PST by Citizen Zed

A left-coast writer named Mark Morford thinks that gas prices falling to $2 a gallon would be the worst thing to happen to America. After all, he says, the wrong people would profit: oil companies (why would oil companies profit from lower gas prices?), auto makers, and internet retailers like Amazon that offer free shipping.

If falling gas prices are the worst for America, then the best, Morford goes on to say, would be to raise gas taxes by $6 a gallon and dedicate all of the revenue to (boondoggles) “alternative energy and transport, environmental protections, our busted educational system, our multi-trillion debt.” After all, government has proven itself so capable of finding the most cost-effective solutions to any problem in the past, and there’s no better way to reduce the debt than to tax the economy to death.

Morford is right in line with progressives like Naomi Klein, who thinks climate change is a grand opportunity to make war on capitalism. Despite doubts cast by other leftists, Klein insists that “responding to climate change could be the catalyst for a positive social and economic transformation”–by which she means government control of transportation, housing, and just about everything else.

(Excerpt) Read more at cato.org ...


TOPICS: Business/Economy; Chit/Chat; Science; Society
KEYWORDS: energy; gasoline; gasolineprice; globalwarminghoax; markmorford; naomiklein; opec; russia; saudiarabia
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I paid $2.32 yesterday! I suggest buying into the stock market dip and selling just before Christmas.
1 posted on 12/11/2014 7:08:04 AM PST by Citizen Zed
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To: Citizen Zed
If falling gas prices are the worst for America, then the best, Morford goes on to say, would be to raise gas taxes by $6 a gallon and dedicate all of the revenue to (boondoggles)

Just like Europe...

2 posted on 12/11/2014 7:10:57 AM PST by Yo-Yo (Is the /sarc tag really necessary?)
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To: Citizen Zed

One thing for sure, it crushes Alberta. Any lower and the Keystone pipeline might be pumping mountain air down south.


3 posted on 12/11/2014 7:11:00 AM PST by deadrock (I am someone else.)
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To: Citizen Zed

Despite all its warts, it looks like a Republican Congress is going to pull Obola’s bony rear outta the sling just like it did Clintoon’s.


4 posted on 12/11/2014 7:12:19 AM PST by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: Citizen Zed

Articles like this demonstrate just how out of touch liberals are. Despite the myths, they know or care nothing for the Little People they claim to represent.


5 posted on 12/11/2014 7:12:28 AM PST by 556x45
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To: Citizen Zed

This is why the American people are fortunate to have a Republican Congress. If the Democrats had control, they would have taxed gas in this manner as their first order of business.


6 posted on 12/11/2014 7:13:19 AM PST by allendale
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To: Citizen Zed

Do they still pay Morford to write his idiocy?

Haven’t seen one of his bowel movements passed-off as journalism in a long time.


7 posted on 12/11/2014 7:15:26 AM PST by Mr. K (Palin/Cruz 2016)
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To: Citizen Zed

I never thought I’d again see bargain basement prices for gas. LOL! The lowest I’ve seen in the past couple of weeks in Reno is $2.71. So some brilliant forward thinker wrote a letter to the editor in yesterday’s reno gazette urninal and said now that the prices are down over a dollar/gal, it would be a good time to raise the NV gasoline tax from 33 cents per gallon to 48 cents per gallon. Of course with a provision that if the price rises to a certain level (which it will) the additional 15 cents would be rescinded. Uh, no thanks asshat. Does anyone really think that once they get their paws on an extra 15 cents/gal they would give it up? Some on fixed income or making less than the $15/hr that some folks demand kinda like the current prices.


8 posted on 12/11/2014 7:16:38 AM PST by rktman (Served in the Navy to protect the rights of those that want to take some of mine away. Odd, eh?)
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To: Texas Eagle

Guess I missed something about pulling a bone out of something and someones rear.............?


9 posted on 12/11/2014 7:17:53 AM PST by rktman (Served in the Navy to protect the rights of those that want to take some of mine away. Odd, eh?)
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To: deadrock

I was in Alabama this summer. That mountain air might not be a bad idea. Oh wait, that would cause climate change in the south. Can’t have that.


10 posted on 12/11/2014 7:20:07 AM PST by taterjay
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To: Citizen Zed
"...Amazon that offer free shipping."

Inference being that shippers charge less? Complete BS.

11 posted on 12/11/2014 7:21:36 AM PST by moehoward
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To: Citizen Zed

The teeming masses are out spewing evil carbon.
Liberals are troubled....

Personal mobility is the enemy of the state.


12 posted on 12/11/2014 7:22:44 AM PST by nascarnation (Impeach, Convict, Deport)
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To: Citizen Zed

I guess one of the few upsides of putting the RINOS back in charge is that if Reid and Pelosi were still running the show this would actually happen.


13 posted on 12/11/2014 7:23:49 AM PST by Buckeye McFrog
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To: Citizen Zed
A left-coast writer named Mark Morford thinks...

Well, there's your problem right there!

Quit thinking, you liberal, progressive dumbass!

Every time you fools "think", we end up with crap like Obamacare, climate change bullshit, welfare queens, over-reaching government largesse...etc, etc.

Quit thinking and leave it up to the people that wear the big-boy pants...not the silly little pajama-boy onsies.

Now get out...and take Al Sharpton with you.

14 posted on 12/11/2014 7:24:28 AM PST by OldSmaj (obama is a worthless mohametan. Impeach his ass now!)
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To: Citizen Zed

Gas prices rise to $1.89 in 2008 - “Blame Bush and his oil buddies!”

Gas prices drop to $2.51 in 2014 - “Thank you, Obama, our Dear Leader and Messiah!”


15 posted on 12/11/2014 7:24:58 AM PST by Old Sarge (Its the Sixties all over again, but with crappy music...)
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To: OldSmaj

Sa-LOOT!


16 posted on 12/11/2014 7:25:28 AM PST by Old Sarge (Its the Sixties all over again, but with crappy music...)
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To: Citizen Zed

When will these people learn about supply and demand?

Low prices mean more people will use the product and they will sell more.
High prices means people will have to pay more and thus will use less.
Either way they still make money.

I saw gas for $2.19 yesterday!!


17 posted on 12/11/2014 7:25:35 AM PST by rfreedom4u (Do you know who Barry Soetoro is?)
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To: moehoward

No, his implication is that they make a greater profit since the actual shipping costs will be lower.


18 posted on 12/11/2014 7:27:40 AM PST by oblomov
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To: Citizen Zed

It’s a huge tax break for Americans. Each penny drop is a billion dollar infusion into the economy.


19 posted on 12/11/2014 7:29:00 AM PST by 1Old Pro
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To: Citizen Zed

Cheap gasoline is power to the people. More is better.


20 posted on 12/11/2014 7:30:55 AM PST by pallis
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