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Friday, June 30, 2006

A Solution In Search Of A Problem

I'm as aware as anyone of the high cost of gasoline and its affect on the wallet. I drive back and forth from Fennimore to Dubuque every day for work. And with the campaign in full swing, every weekend involves quite a bit of windshield time. I'm pretty sure I'm not going to suffer from any bulging discs in my back due to carrying an oversized wallet.

It seems every day we get at least 15 different opinions from 20 different sources as to why gas prices are so high. I don't think I need to rehash them all. We can break it down to it's simplest form.

Oil companies are donating astronomical sums of money to Republican Senators and Congressmen, who control the House, Senate, and Administration.

Oil companies are recording record smashing quarterly and yearly profits.

Gas prices are over $3.00 a gallon.

Put it all together and get back to me.

I'm fully aware of the supply/demand relationship and that it has an impact. Refinery capacity, crude production, more gas guzzlers, etc. all can share some blame.

Of course, if you ask most oil companies and their corporate lackey congressmen and even President Bush, it's all ethanol's fault. Those corn farmers are getting filthy rich from ethanol and oppressing those poor defenseless oil companies that are trying to do nothing more than look out for the public good.

Now Wisconsin Congressmen Mark Green and Paul Ryan are saddling up to come riding to our rescue with this great solution to a problem that doesn't exist.
http://www.wisconsinagconnection.com/story-state.cfm?Id=770&yr=2006

Right in lock-step with President Bush, who blames the high price of gas on boutique fuels.


“We ... need to confront the larger problem of too many localized fuel
blends, which are called boutique fuels,” the president told a renewable fuels
conference, adding that this has produced “an uncoordinated, overly complex set
of fuel rules” that “tends to cause the price to go up.”

Fine and dandy, Mr. President. But you're wrong. And a study you asked for tells you that you're wrong, Mark Green's wrong. Paul Ryan's wrong.

“Boutique” gasoline blends to help states meet clean air rules are not a
factor in higher prices as President Bush has suggested, says a draft of a study
ordered by the White House.


http://www.msnbc.msn.com/id/13488565/

Basically, what this effort by Bush, Green, and Ryan amounts to is an effort to further lower the environmental regulations on gasoline production. It has nothing to do with making prices cheaper. I think we know by now that any price savings are going to be given to Big Oil CEOs, not passed on to consumers.


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