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Date:         Wed, 27 Apr 2005 16:12:05 -0600
Reply-To:     Aaron Pearson <Aaron.Pearson@GXT.COM>
Sender:       Vanagon Mailing List <vanagon@gerry.vanagon.com>
From:         Aaron Pearson <Aaron.Pearson@GXT.COM>
Subject:      Re: Diesel Fuel vs. Gasoline
Content-Type: text/plain; charset="us-ascii"

i can think of several dozen privately held oil and gas companies off the top of my head that many people have probably never heard of. some have fewer than a dozen employees. independent oil comapnies produce 40% of the oil that americans consume. i'm sure many of them would love to be clever enough to conspire to fix prices, but the only reason they are making money is because of the open market.

the boogeyman (boogeypeople?) are american voters, who are unable to vote for something that will cost money in the short term. i'm not against regulation at all, it's the only way we'll ever be able to move to alternative fuel- oil is still way too cheap.

-----Original Message----- From: Gnarlodious [mailto:gnarlodious@EARTHLINK.NET] Sent: Wednesday, April 27, 2005 3:50 PM To: vanagon@GERRY.VANAGON.COM Subject: Re: Diesel Fuel vs. Gasoline

Entity Aaron Pearson spoke thus:

> of course profit drives the oil industry, it drives every industry in > a capitalist economy. there's no reason a company should charge any > less for its product than the maximum consumers are willing to spend.

But what we are seeing now is the result of unrestrained consolidation, which at one time would have been prohibited under the Sherman Antitrust Act.

Add this monopoly to the intentional sabotage of alternative fuel programs and it looks like we didn't learn the lesson of 1973. Those who are too young to remember can read or listen to Jimmy Carter's speech: http://americanrhetoric.com/speeches/jimmycartercrisisofconfidence.htm

Of course, Ronald Reagan's (elected on Big Oil cash I might add) first official act as President was to remove the solar panels Jimmy Carter had put on top of the White House.

I have heard those Libertarian (AKA Corporatist) talk radio wingnuts blame this on government overregulation, but it just ignores history. Their statements simply underscore their ultimate agenda of eliminating Government in all forms and handing our economy over to Corporations.

The bottom line IMHO? It's virtually impossible to pricefix when the raw material is coming from corn and soybean farmers, windmill and solar farms and cottage industry refiners.

-- Gnarlie


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