I disagree with your comment that "Gas prices went up - because we cannot drill offshore."
We live in a capital market society driven by simple economic principles of supply and demand. Our demand has skyrocketed and although production has kept up with demand, we have to ask whose fault is that? Any company that is market driven will maintain a healthy demand over the supply in order to increase their return on investment. People who buy Hummers, large recreational boats, etc continue to suck down fuel at high rates.
Bottom line - - we, as Americans, love our big vehicles and are quite wasteful. And let's face it, if Shell or any of these other large petro companies wanted to build more processing centers, no one wants it in their backyard. We all want cheap power....but no one wants that cheaper power station in their neighborhood.
You want the price to go down? Cut demand. Simple economics - - - Econ101.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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