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Re: Fuel shortage

To: Steve Laifman <Laifman@flash.net>
Subject: Re: Fuel shortage
From: SJC Worldwide <rootes@ix.netcom.com>
Date: Thu, 14 Sep 2000 14:41:02 -0700

Steve Laifman wrote:

> JACranwell@cs.com wrote:
>
> > It would be interesting to see the sort of revolt you'd have in the US,
> > should your price get to +/- $5/gallon, which is roughly what it is over 
>here
> > right now. Some crazies have been paying $20/gallon in the frenzy to find
> > fuel the last few days.
> >
> > Regards,
> >
> > Julian Cranwell
>

Here's some gas politics for the list. Historically, when fuel shortages show 
up,
it's almost always not that there isn't enough fuel, it's because of 
distribution
problems, usually brought on by stupid government regulations, as in our fuel 
crisis
in the 1970's when the geniuses in Washington made it illegal for gas companies 
to
distribute fuel from states with an over supply, to states with an under 
supply. The
other reason these show up is due to over regulation and heavy taxes, as the 
U.K. is
now experiencing.. The U.K. is one of the world's larger oil producers and the
excessive price of fuel, which has caused the current "trucker revolt"  there 
comes
from over taxation, not under supply. If the free market were allowed to 
determine
fuel prices in the U.K., you wouldn't pay any more there for a gallon of 
gas/petrol
than you do here in the U.S. And remember, the government makes as much or more
"profit" (taxes) per gallon of gas than do the oil companies that produce it. 
And
no, I don't work for an oil company.

I'm especially interested in this now since I'm just about ready to plunk down 
my
$$$ for my 320 HP Tiger engine and 5 speed and I don't imagine my fuel 
consumption
is going to go down too far!

Steve Sage


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