Quote:
Originally Posted by **********
The markets + supply and demand is what controls the price of energy, not the government or the president.
What hurts poor people the most isn't just high energy prices. It's lack of opportunity, access to education, crime, health, lack of proper social assistance, and of course the export of job opportunities to other countries etc, the list goes on.
Peace...
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Yep the market does control the price of energy.
And so do the TAXES placed on that energy. And the exorbitant LICENSING fees:
"Oil and natural gas production royalties on federal lands are one of the largest sources of income to the federal government, delivering $86 million in rents, royalties and bonus fees every single day."
All those added on costs drive the price up even further than it would be otherwise. Not to mention that IF the federal govt. were to stop blocking new drilling on federal lands...the supply would go up and the prices worldwide would come down.
You and I both know that the U.S. federal govt. has openly said that it is doing this to keep Green Energy competitive in the market place in hopes that it will "catch on".
In the meantime, poor people can't afford fucking food because the price is so high thanks to energy costs. You're talking social issues like education...I'm talking about the daily REAL world effect it has on people. Cost of clothing, cost of keeping warm in the winter and cool in the summer, cost of driving a vehicle to and from work or out to job interviews to find work, cost of FOOD, cost of every last thing you buy in the store.
High energy costs hurt people.
In case you never watch business networks...they have been incredibly optimistic because the overall economy has improved and people have more money in their pockets over the last several months as fuel prices went DOWN.
The opposite happens when they go up.
And YES, the govt can do things to drive the price of fuel. The OPEC nations do it all the time.
We have the ability to turn the spigot "on" or "off" of U.S. production. But we never do.