Monday, July 14, 2008

no need to speculate about speculation

Despite what many politicians - unfortunately including many Democrats - the reason for $4/gallon gasoline isn't "speculation." Really, it isn't - even Robert Novak realizes this.

Folks, it's simple - supply and demand. Supply isn't growing as quickly as demand, which is based both on growth in places like China and India and by the growth in SUVs and other gas-guzzlers here in the US of A.

And honestly, as much as it sucks to see the bill at the pumps when you fill up, this is overall a Good Thing. It's like a little carbon tax to get things started on where we as a species need to go on reducing greenhouse gas emissions.

The worst thing about $4/gallon gas? That it didn't happen 10 years ago.

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