Friday, August 08, 2008

Supply Matters

From the Heritage Foundation:

Look closely at the laundry list of plans the left has put forward (from both Speaker Nancy Pelosi’s House and Barack Obama’s campaign): higher taxes on oil companies, new restrictions on oil commodity markets, forcing oil companies to drill where there is no oil, releasing oil from the Strategic Petroleum Reserve, free money for everybody, increased fuel efficiency mandates, increased infrastructure spending, government investments in electric cars, etc. What do all of these “solutions” have in common? None of them increase our energy supply.

For you "progressives" (liberals) out there, this isn't about "Big Oil", it's all about increasing our energy supply! Since when is Charles E. Schumer an authority on anything? Since your socialist school forgot to cover Economics 101, it all about "Supply and Demand". It's really quite simple, increase the supply such that it is greater than the demand, and the price falls. Now isn't that a novel idea?

Another questions for the liberals: In your mind, what makes domestic "Big Oil" more evil than the countries that would like to see the end of the US? And, why exactly do you like our country to be so dependent on other countries, especially for energy? Do you even have the "testicular fortitude" to answer?


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