Tuesday, May 02, 2006
Buy More Oil!!!
As the US Congress debates oil prices, windfall profits taxes, and energy conservation I can't help but advocate my own recommendation -- use as much oil as you can!!
Now this might sound like crazy public policy but it is built on a more solid foundation than most press releases coming out of Washington DC -- that foundation is the concept known as "scarcity". A basic economic concept that I hope you consider here because for at least since the US Oil Crisis of the 1970's we have been told the world is running out of oil yet Americans have not made any substantial gains on conserving oil or converting to alternatives so the solution I propose is to harness Economics 101 thinking by making oil truly scarce thus incentivizing inventors and investment capital into the search for alternatives. Personally I love the idea I read as a child in a "Popular Science" magazine which had a plan for automobiles made of aluminum bodies with ceramic engines thus reducing the weight of automobiles dramatically which of course would require less gasoline. Perhaps you have your own ideas you want to promote by posting a comment on this blog?
Since I don't see us using up all the world's oil anytime soon so here is an idea designed to reduce American oil consumption while benefitting taxpayers:
REQUIRE GOVERNMENTS TO SELL ALL VEHICLES EXCEPT FOR POLICE AND FIRE VEHICLES AND HAVE GOVERNMENT EMPLOYEES USE PUBLIC TRANSPORTATION
When I drive in downtown Minneapolis I often see the "City of Lakes" cars being driven by the city bureaucrats but why is this necessary? Let them utilize the city's bus systems or the precious light rail train then they can walk the rest of the way to where they need to go which will help in the "war on obesity" this nation's seems intent on waging.
The US federal government sells at least 35,000 vehicles each year via the General Services Administration (GSA - see below) so why not create a federal moratorium on government purchases/leases of vehicles? Why doesn't Congress enact such legislation versus the $100 tax rebate for oil prices recently considered?
How many vehicles does GSA Fleet sell, and when? GSA Fleet will sell approximately 35,000 vehicles this coming year. Most vehicles will be available between April–September, when a majority of our leases expire, but we conduct sales throughout the entire year.
Time to fill my tank,