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Reply #27: I say we need to keep prices high and profits down. [View All]

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tinrobot Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-25-08 01:04 PM
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27. I say we need to keep prices high and profits down.
Oil is an addiction. If prices go down, the addiction will return and our wasteful lifestyles will return.

I'm reading a lot of Joe Commuter stories in this thread about people who drive long distances to work and are otherwise crunched by high prices. I genuinely feel bad for them, because a lot of their hard earned money os going to give $400million bonuses to oil company execs.

The good thing coming out of this is that these people are now demanding mass transit, better fuel economy, alternative fuels, the ability to telecommute or live closer to work. All of these things have been suggested for decades by environmentalists, but they fell on deaf ears. Now that it's finally hitting people's wallets, they're finally demanding alternatives.

I say keep prices high to keep people demanding alternatives. Then take away the oil company profits through taxation of some sort and put the money into creating the alternatives people demand - mass transit, alternative fuels, etc.
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