[Hoot Gibson]

Here is one for the future of oil, but hey bless their hearts they are struggling?

http://www.foxbusiness.com/2011/03/17/oi...ote-libya/


Here is a question though, if the market says people are frustrated with high gas prices, would there not be something better, to come along and to sweep up the market?


If you say yes, then why has it not been invented? Maybe it could have been haulted by some government agency set up by the evil left, or is it the right... I get both of them confussed.

The only government conspiracy at work is Obama and the liberal Democrats' determination to block as much oil and coal development in this country as possible. That, and the uncertainty about the future is largely responsible for the volatility in oil prices.

If the federal government loosened the reins on businesses in this country, energy prices would plummet. Many companies lost fortunes leasing up oil shale reserves and investing in syn-fuels in the 70s, when the policies of Nixon, Ford, and Carter (and Carter's foreign policy failures) created artificial shortages in our energy supply. Reagan took office, and within three years, gasoline prices returned to normal.

Governments create zero wealth. Governments consume and destroy wealth. You seem to think that the federal government can simply legislate prosperity and cheap alternative energy into existence. They can't.