Tuesday, December 2, 2014

Gas for less than $3!

Motorists are rejoicing!  For the first time in quite some time, gas can be had for less than $3 per gallon!

Our long national nightmare is over!

I'm surprised that Obama, and/or the newly-elected Republican Congress, haven't already taken credit.

There are a lot of factors that go into the price of gas, but ultimately it boils down to supply and demand.  Supplies are up - as fossil fuel becomes more valuable, there's more incentive to discover and extract it.  North Dakota and eastern Montana and Wyoming are fossil-fuel beehives these days.  Meanwhile, the middle eastern oil terrorists are keeping their prices low, in the hopes of starving out the small-time oil barons who are competing for a tiny slice of the pie.

(I doubt demand is any lower... they say that big SUV sales are creeping up.  Sub-$3 gas will probably result in some GMC Conestogas and Ford Battle Wagons under the tree with big satin ribbons, come Christmas.)

Motorists are discovering... "Hey - if we spend less on gas, we'll have more to spend on other stuff!  Cool!"

Transportation cyclists reply, "Well, DUH!!!"

1 comment:

Clancy Anderson said...

I have not driven enough lately.....I am losing in this whole deal with $3.75/Gal gas sitting in my tank!