Gas Prices

The silly season seems to be here on gas prices again, and I've linked a couple of great columns. In Supply and Demand, Krauthammer pretty much sticks to the facts of supply and demand and touches on one apparently major fact on the supply side that has received precious little MSM coverage. Last years energy bill demanded ethanol content in the gas and we have a shortage as a result. We can't import it since due to the presidential politics of Iowa primaries, we have a big nasty tariff on ethanol. Now there is one you won't see covered in the MSM. Headline, high gas prices due to political pandering and measures supposed to cut our demand on foreign oil, while holding us hostage to Midwest ethanol production.

Good old Ann is more cogent than biting this week in It's Hard out there for Pump. She focuses on how Democrats and the MSM are constantly saying that gas costs TOO LITTLE as long as it isn't at a peak, and trying to find a drilling restriction, environmental restriction, or new gas tax that they can use to raise the price, reduce driving, and "save the planet". When the price is high, it is naturally not their fault, it is the fault of George Bush, the oil companies, and the evil Republicans. Their world is a simple one.