more on gas prices

[Dave Farber <dave () farber net>]

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> From: Kenneth_Mayer () Dell com
> Subject: RE: [IP] more on gas prices
> To: dave () farber net
> Thread-Topic: [IP] more on gas prices
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> Interesting comments from everyone, being one of the younger ones in
> here. I have only seen gas prices rise from 97 cents to over 2.25 (as of
> this mornings drive by).  We gotta be concerned.  The gentleman from
> Europe who lives over here is a little of base. Most of the European
> countries have the mass transit we do not, i.e.,The euro rail.  When we
> live in a big city, LA, NYC, those people have to live out of the city,
> b/c no one can afford to live their.  So gas prices will have an effect
> on us moreso than the Europeans, but he is right in one regards, we have
> set ourselves up for this, the car companies and gas companies have
> dictated this all for years.  I just worry about gas prices going so
> high that I have to go to one car and my wife and brand new baby are
> stuck at home all day!  She will ring my neck.
>
>
> Ken Mayer Jr
> Advanced System Group
> Dell Server and Storage Department
> >Contact Info:
> >Phone: 800.901.3355 x 7958119
> >E-mail: kenneth_mayer () dell com
> >Fax: 800.607.9327 attn: Kenneth Mayer
>
> -----Original Message-----
> From: owner-ip () v2 listbox com [mailto:owner-ip () v2 listbox com] On Behalf
> Of Dave Farber
> Sent: Monday, August 08, 2005 9:22 AM
> To: ip () v2 listbox com
> Subject: [IP] more on gas prices
>
>
> >X-Sieve: CMU Sieve 2.2
> >Date: Mon, 08 Aug 2005 07:15:31 -0700
> >From: rick tait <rickt () rickt org>
> >Subject: gas prices
> >To: dave () farber net
> >
> >
> >Dave:
> >
> >I'm sure I will be corrected to some degree by the fine readers of IP,
> >but as a European living here in the US for more than a decade, I get
> >mightily ticked off when I hear Americans carping on about the price of
>
> >gas. How can people get pissy about gas "being expensive" when:
> >
> >- it has not really tracked regular inflationary costs since the 1950s
> >- the at-pump price has been, and continues to be artificially reduced
> >by government intervention
> >
> >For all the "free-market values" that are espoused by the pro-gas
> >(Republican) administrations, I find it to be a true case of the pot
> >calling the kettle black. The fact is America has over the last 50
> >years put itself in a position of being utterly and completely reliant
> >on artificially lowered gasoline prices, to the extent that if gasoline
>
> >actually "cost" what it *should* cost (i.e. if government support was
> >removed) then an economic catastrophe would occur:
> >
> >- airlines (already on shaky ground at best, and receivers of immense
> >amounts of governmental "subsidies"/loans) would no longer be able to
> >balance their books, and almost immediately declare bankruptcy
> >- the US' impressive and massive goods-transport system would no longer
>
> >be able to support itself (one example: think of how much a "normal"
> >gasoline/diesel price would affect Walmart's *vast* transportation
> >costs
> >- the US's automotive manufacturing industry would collapse
> >(manufacturing/transportation costs alone might do it, but think of how
>
> >fewer new cars/SUVs/trucks would be sold)
> >
> >We got ourselves into this mess. Now how do we get out of it?
> >
> >RMT.
> >
> >
> >
>
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