Thursday, April 07, 2011

Out of Touch

I've got a serious question this morning. Is canvas, cotton or acrylic better material for the sails on my new car? Should I go with one of those new-fangled aluminum telescoping masts or use traditional oak and a folding pivot to get the car in the garage? Do I need a keel?

Seriously, the basics of global economic markets seems to escape our President as he mouths platitudes, speaks in non-sequiturs and embraces a ludicrous notion of energy policy.

Get Used To It

You don't need to go far into history of gas prices to see causes of price fluctuations and rapid solutions when the causes are addressed. How about 2007-8?

The causes are complex but not obtuse. China and India are leading the world in economic development and growing energy needs. That's called demand. We compete in a global market for a resource and the competition is rising for what is available.

Sources of oil are concentrated, but not exclusive. A major source, the Middle East, is in serious political turmoil creating uncertainty about supply. South American sources are equally volatile as marginally insane socialist dictators rave about the evil nation to the north. Domestic resources are held hostage by the administration and environmental wackos. Production facilities are deteriorating and haven't been expanded for thirty years.

So, you've got rapidly rising demand and potentially crashing supply. And, you've got your own resources but lack the will to exploit them. What is so difficult about that?

Three years ago gas prices got this high. Bush opened up drilling, released some strategic reserves and, most importantly the Middle East stabilized. Within six weeks the price for crude dropped $100/bbl.

Now we've got the Bamster campaigning in a windmill factory and saying things like:

“If you’re complaining about the price of gas and you’re only getting 8 miles a gallon, you know,” Obama said laughingly. “You might want to think about a trade-in.”
That is cluelessness. Has this man ever owned a car? Does he have a clue about CAFE standards? What vehicles other than large trucks and motor homes get eight miles per gallon today?

I've got a 385 horsepower V-8 that gets 23 miles per gallon in local driving. I'm not going green. I'm not plugging my car into the wall socket. I've happy to not worry about a 40 mile range limit. I don't anticipate sails or solar panels on my car.

Meanwhile he is pumping up windmill makers and meeting with Al Sharpton about getting out the Black vote next year as the country drifts inexorably toward shutdown tomorrow.

Have you noticed that when the tough stuff for a President comes up, the Bamster gets out of town?

3 comments:

MagiK said...

When the going gets tough, the tough get going...in his case in the other direction.

bongobear said...

I wish he'd get out of town permanently.

Randell Beck said...

"What vehicles other than large trucks and motor homes get eight miles per gallon today?"

The PResidential Limo. Thinking about a tradein, Obeyme?

We are.