Random idiocies of Glenn Beck
Wednesday, September 3, 2008
I was flipping through the channels today and caught a glimpse of my favorite distraction, Glenn Beck. He was talking about oil and the need to drill for more. As I stumbled onto CNN I heard him dismissing environmental concerns, stating that there was virtually no spillage of oil even during hurricanes Katrina and Rita.
His point was, since there was no spillage there was no risk, and since there was no risk there was no reason not to drill for more oil since drilling for more oil would 'presumably' reduce our gasoline prices.
The hole in Glenn "the thinker" Beck's logic was that if there was no spillage even during Katrina or Rita, then domestic supply or the lack thereof can not adequately explain the precipitous rise in Oil prices. And if the rise in prices did not come as a result of a lack of domestic supply, then "more drilling" is the answer to a different question. He was presenting 'more drilling' as a solution to a problem that 'too little drilling' did not cause.
After every thunderstorm, solar eclipse, superbowl, graduation ceremony, and/or rock concert, our gas prices have climbed and in every case we've been given some lame excuse about the threat to supply. However, the threat has never materialized. The supply has never been diminished. Yet the prices, which have climbed a quarter at a time, remain at nearly $4.00 a gallon and fall only a penny at a time, even when the supply remains constant.
The prices we pay for oil are NOT being driven by the basic rules of supply and demand so it can not be manipulated simply by increasing our domestic supply. There is a ghost in the machine; and arresting the rise of oil prices will require that we deal with it. Sticking oil platforms off the coasts of California, South Carolina, Maine, Texas, California, and Wasington may transfer oil profits from Tehran to Texas, but it will NOT strip them away from Texico...
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