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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (1138)	8/1/2008 1:02:03 PM
From: Brumar89	Respond to of 86355

Back to back posts: I'd very much prefer an increase in the gas tax and legislation to put a floor price of $4 on gas,.. e Message 24810767 We know what oil prices do to our economy. Every time we have an oil price surge like in the 70's from the supply shock and now from the demand shock, our economy tanks and Americans lose jobs. The net effect of high oil is NOT good for the majority of Americans. Message 24810774 High oil prices are very bad, unless they're high because the government is raking in more taxes on them, then they're good. Have I got it?

To: RetiredNow who wrote (1138)	8/1/2008 3:22:44 PM
From: TimF	Respond to of 86355

We know high oil prices are harmful, that doesn't mean spending even more money for less energy and fuel wouldn't even be more harmful. This isn't an issue that your being "a statistics guy", gives you any special insight in to, its a much broader thing than that. Its not something that can neatly be resolved by technical statistics knowledge. The big things that the statistics would show you are things that can be seen without being a professional statistician. We can all see harm from higher oil prices (or technically from the negative shift in supply and demand for oil, given that shift higher prices actually reduce the harm, but maybe that's too much of a technical point, generally people complaining about high prices aren't arguing for price controls) do, no special statistical knowledge needed there. The issue is the implications of that, and a lot of other facts and issues for the future and esp. future policy. Figuring out those implications isn't a matter of statistical manipulation and analysis. To tie our economy to the vagaries of one energy source is just plain idiotic. Another straw man. Just about no one would argue for such a tie, and in fact we don't have one now.