I Dare the President to Bring Down the Price of Oil

Posted by Kevin at 5/9/2008 1:37 PM
Categories: Economy
Lots of people are pissing and moaning that this president, or the next, should do something about the price of gas at the pump. The fact is that there is little a president can do about the price of oil. Currently, world-wide demand for oil is increasing faster than the development of new oil resources. Simple economics tells us that demand increasing relative to supply will drive up the price. The president and the Congress may be able to play around with the tax code but they can't repeal the laws of economics. I offer a proposal whereby this or the next president really can address the underlying cause of the rising price of oil and make gasoline more affordable for Americans. The video explains all.


 

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  • 5/9/2008 2:22 PM BMiContent wrote:
    Your story was featured in BMiContent! Here is the link to vote it up and promote it: http://breakthematrix.com/Energy/Blogger-proposes-daring-plan-for-President-to-bring-down-oil-prices
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