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 - Box Plow Blues - by Tom Schwarz. One of the first implements most tractor owners obtain is the box plow. For very little money, this piece of equipment promises to plow and flatten any hill or vale on your ranch road or farm. At least that's what I thought! As simple as a box plow appears, it can be rather challenging to make work correctly. In our sandy soils of Florida, traction is king. You can never have wide enough tires or heavy enough weights to get all the traction you want … unless you own a monster tractor. U
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