What the Heck?

Jan. 7, 2015
What's with oil prices these days?

 I am flat out amazed. Oil prices are down. I’m saving more than $14 on every tank of gas for my little pickup truck. The airlines are making a profit and all’s right with the world.

Or is it?

On TV the talking heads are worrying about the oil companies. How are they going to survive? Hey, don’t they realize that this is what we’ve been dreaming about for lo these many years? Haven’t they been preaching about freeing ourselves from fossil fuel for as long as we can remember?

Wait a minute—oh no—do you think they’re building up the propaganda in favor of a bailout of the oil companies? Hey, we bail out banks and auto companies, why not oil companies?

Whatever happened to letting the marketplace decide the—uh, well—the marketplace, dammit? We can’t let business reap the benefits when the marketplace gives them the edge, and then bail them out when the marketplace shines less brightly on their house. When will we accept that fact?

They keep worrying about things like “Will cheap gas eliminate the drive to produce hybrid and electric cars and airplanes?” Hey, face it folks, all of us are consumers. All of us are not oil producers.

Besides, fossil fuel is still not cheap. It’s just less expensive than it was. Also, it is getting more expensive—not less—to find fossil fuel, get it out of the ground and get it to the consumer. Fossil fuel, like tobacco, is on the way out. Isn’t that what we wanted? On top of all that, we’ve got Rootin’ Putin on the ropes for a change!

Jeesh, do I have to explain everything?