I really am not that smart. I just command the English in such a way to give the perception that I am.
What I am saying is that Bush has little to no effect on the price of gasoline. What would you propose he do to reduce the price of gasoline without affecting supply or demand.
Many countries subsidize gasoline (whereas we tax in the US). That is a possible solution. The problem with that solution is that it does not decrease demand, and the government's subsidy is ever increasing and thus creating more and more taxes.
Something Bush could do is push for legislation to create economic incentives to reduce demand or increase supply. A suggestion I would make is a voucher for those who car pool or the purchase of a van for the purpose of "group" transportation is allowed to be written off one's taxes as long as the van was not for profit.
But simply saying "kick Bush out of office" won't help much. What can whoever who replaces him do to reduce our dependance of petroleum distilliates?
Economic incentive to lower demand = More Taxes
Economic incentive to raise supply = Corporate Welfare
The best way to solve the solution is to either:
A) allow the oil companies to drill domestically and get out of their way on refineries, they have to money to do it now with the record profits.
B) Continue to be a roadblock, and the oil companies will spend the record profits on alternatives to oil. If peak oil really does exist the ones who have the best grasp of it are the oil companies. So if they see it (ie they know peak oil is real) management will be looking for a new avenue for the oil company (now read "energy" company) to go down to ensure their existence.
Also I'd like to state that businesses DO NOT HORDE CASH!!! All that money will either go to pay employees, cover expenses, expand operations, or be paid in a dividend. Let me spell out some benefactors
Pay Employees - many many many blue and white collar workers will benefit here, maybe there will be raises and bonuses. Of course the CEO's will get a ton of money but they have a rarefied skill, much like a professional basketball player or football player.
Cover Expenses - This benefits all sorts of people benefit here. There are many blue and white collar workers who work in say manufacturing, or some ancillary support function to the "big oil" companies
Expand Operations - The consumer wins here, more capacity = lower prices
Dividends - The whole **** country benefits here. Just try to find a pension plan, or government that isn't invested in oil stocks...
Yup, Bush is controlling the oil prices... sigh...
