Quote:
Originally Posted by GTripp0012
Well, the people who are dependant on gas to get to their jobs would still pay double for gas. They would have to. The trade off is they can be somewhat assured that it will be there at that fixed price down the road, because the others who have options not to drive are not using more fuel than they need.
With demand down universally, the value of gas would stop the exponential increase it is headed at.
A lot of people would feel like they are getting screwed. In the mean time though, we're all screwing ourselves.
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If we sky rocket the price on something we are dependent on, it will cause a worse recession than the one we're heading toward. That is definitely NOT the answer. The law of supply and demand doesn't work in this case. What works is competition. The American people deserve to have choice of fuel for their vehicles. Competition will drive down price, dependency, and demand. It will also help to keep money in the American people's pockets, allowing them to contribute to the economy of the country. Which is good for everybody.
What your'e suggesting would only henge on the hope that the rate of living expense compensation would increase at a rate that would allow for such an increase. And believe you me, the fuel companies would never cap their prices at the end user PoP(point of purchase.) The moment the average income would "catch up" to the fuel costs, the gas companies would come up with some other excuse to raise the prices again.