Friday, January 2, 2015

Blame it on OPEC

So, oil prices have plummeted- somewhat a double edged sword. Bad for Texas, North Dakota, and Louisiana, good for the average American. Interestingly enough, most news media calls OPEC responsible, as they have always cut production before to maintain price point.
The thing is- the US is the one who greatly increased output (at a cost that is yet to be determined, ecologically)- OPEC had zero to do with it.


On a side note- what a perfect time to raise the fuel tax, and turn it in to a percentage, rather than flat. The funds would go to the repair and replacement of our transportation infrastructure- a no brainer.

It's too bad that a no-brainer item like this would get zero consideration from the no brain US Legislature .

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