Skip to comments.Why you should love $5 gas
Posted on 05/26/2011 9:12:38 AM PDT by greatplains
As you pump 13 gallons into your Honda CR-V -- American's best-selling SUV with 28 mpg on the highway and 21 in town -- it's nearly impossible to view the $50 you're spending with a positive attitude.
With the national average for regular at $3.81, it's easy to label oil executives as pond scum, but try to remain open-minded. Think of the big picture: Though that promised road trip to Disney World has gone up in carbon monoxide, high gas prices may actually have an upside. Not for you and your family personally, maybe, but perhaps for the United States as a whole. What if gas hit $5 a gallon? Here are some benefits (and we're serious about most of them):
-Fewer people would die on the road.
-Demand for high-mileage cars could grow.
-Shorter security lines
-High prices lead to lower prices.
-End of wars
-Local Business could profit
-It's all about democracy
(Excerpt) Read more at money.msn.com ...
The writer is being seriously, and rightfully, roasted in the comments section of the article.
Only someone who went to college could write something so mind-boggling idiotic.
Personally I find it truly amazing that the petroleum industry can sell a gallon of gas for about three dollars a gallon, once you strip out the embedded fuel taxes.
That means the entire transportation, refining, transportation again, distribution infrastructure can make a profit once they buy the oil for $100 a barrel, and sell it for $126 a barrel ($3x42 = 126, if it could all be converted to gas, which it can’t be)
Yesterday I bought a pint of dental mouthwash, that is supposed to fight bacteria, for $25. Looking at the label, 85% of the contents was water, so I paid $25 for 1.25 ounces of the active ingredient, flavors, colors etc.
That works out to $2560 per gallon, quite a few quid more than $3 gasoline!
So, who’se raping who??
Lynn Mucken is a freelance editor and writer based in San Diego and a former longtime journalist at The Seattle Times.
I own my house ..all paid for...
I shouldnt have paid my mortgage
Barry would have “helped” me
I will give up other things so that I can continue to pump premium unleaded into my 2009 Crystal Red Tintcoat 3LT Corvette.
Yeah yeah, I’ve read this all before, back when gas prices were spiking during the GWB administration. errr. no... wait, they didn’t? Oh, thats right, never mind.
The higher gas prices motivate individuals to prepare for the default.
A better reason to love $5-per-gallon gas. After the default, we’ll have better leadership at every level of business, politics and academia. Maybe it will go to at least $10.
So Bush is in office and prices are up it’s a “crisis” worthy to open each night on all the dead media newscasts.
Obama is in office and the prices up it’s a hidden blessing.