[PissAndVinegar]

What an asshat....won't Dems ever learn?

[kenth]

never.

It's against their nature to learn from the past. Most are immature and reactionary, all feeling and no thought. It's as if we have millions of children running around in adult bodies.

[atomicpossum]

Great, more gas for us.

[Gorzaloon]

I remember the gas lines in 1973, every other day, depending on odd and even tag numbers, etc., etc.

Sure, price controls work GREAT.

[mc6809e]

Dumb. Dumb. Dumb.

What's sadder is knowing that there will be "conservatives" here agreeing that we need the gas caps.

They may be socially conservative, but when it comes to economics, they're as left as Mao or Stalin.

[Eric in the Ozarks]

Its called the Jimmah Cahtah 80-20 Plan. There's an eighty percent chance you'll get 20 percent of what you need.

[RoadTest]

The genius of price-fixing Dimbulbs never ceases to amaze; but that genius is like the false self-confidence of a drunk driver.

Leave the market alone and the market will take care of itself - "Sufficient unto the day . . . "

[MikefromOhio]

well what do you expect? It's a Dummycrat from Crapchester....

[JohnLongIsland]

obviously ms. slaughter has a law degree not an economics degree

[2banana]

Gas will probably be lower than $2.50 by the end of the year - all due to market forces...

[Conspiracy Guy]

Please stop this fool. Prices are already coming back down.

[Boundless]

> ... temporarily cap the price of gas at $2.50 a gallon.

No it wouldn't.

What's the price of a gallon you can't buy?

Price controls create shortages and black markets.
They also encourage theft, and destroy incentive
for suppliers to add more capacity.

[fuquadukie]

It would temporarily cap the price of gas at 2-dollars 50-cents a gallon.

Why $2.50? Why not $2.25 or $2.00 or $1.50? Heck, why should we have to pay for gas? The eeevil oil companies have made so much money that they don't need to make any more. Right?/sarcasm

[cyborg]

Gas prices are dropping in some areas near me. I got gas yesterday for 2.97 and my mom said she say gas for 2.80!

[DB]

It would be a bargain, if you could only get some...

[Arkinsaw]

Supply and Demand curve. Easy to understand. All politicians should be required to take Economics 101.

[FlatLandBeer]

Ok let me see Econ 101.....

If you put a support price on a commodity you will get an excess of it. If you put a price cap on a commodity you get less of it.

So if you want long lines, rationing, no Sunday sales, shortages, etc. Yea put a price cap on it.

If you want shorter lines, reduced demand, conservation, and innovation. Let the market rule.

Higher gas prices mean lower emissions by SUVs and more people buying hybrid cars.

Higher prices means other sources of alternative energy become more price effective.

But then again images of long lines make people dissatisfied with the current leadership (GOP) so yea a Dem would want to see price caps.

[John Jorsett]

A better title would be the "Gasoline Black Market Act."

[RayChuang88]

Psst--the reason why we had gas shortages during the 1970's was the fact price controls actually caused shortages because distributors won't ship gasoline a controlled prices. Note that by allowing the price of gasoline to fluctuate naturally from the aftermath of Katrina the gas lines didn't last that long....

[ZOOKER]

Oil company dispatcher at desk:

"Lemme see, I can send my tanker trucks to Rochester, where prices are fixed and I lose money on every sale, or I can send them ANYWHERE ELSE IN THE COUNTRY where markets are free and I can make a profit."

"This is too hard a choice for me, I'm going back to apply for that rocket scientist job..."

[metmom]

Why doesn't she push our lawmakers to reduce or cut all the TAXAS on gasoline. NY is one of the most heavily taxed states and they wonder why people and businesses are leaving it. Well, DUH not everybody has a cush gov't job and sucks off the rest of the populace. People who like telling otheres what to do don't realize that everyone else doesn't like to be told what to do.