Thursday, April 27, 2006

It's Supply and Demand

Good work from Dana Millbank (finally!) in the WaPo:

Ladies and gentlemen, start your engines.

Gas prices have gone above $3 a gallon again, and that means it's time for another round of congressional finger-pointing.

"Since George Bush and Dick Cheney took over as president and vice president, gas prices have doubled!" charged Sen. Barbara Boxer (D-Calif.), standing at an Exxon station on Capitol Hill where regular unleaded hit $3.10. "They are too cozy with the oil industry."
She then hopped in a waiting Chrysler LHS (18 mpg) -- even though her Senate office was only a block away.


Sen. Charles Schumer (D-N.Y.) used a Hyundai Elantra to take the one-block journey to and from the gas-station news conference. He posed in front of the fuel prices and gave them a thumbs-down. "Get tough on big oil!" he demanded of the Bush administration.

By comparison, Sen. Maria Cantwell (D-Wash.) was a model of conservation. She told a staffer idling in a Jetta to leave without her, then ducked into a sushi restaurant for lunch before making the journey back to work.

At about the same time, House Republicans were meeting in the Capitol for their weekly caucus (Topic A: gas). The House driveway was jammed with cars, many idling, including eight Chevrolet Suburbans (14 mpg).

America may be addicted to oil, as President Bush puts it. But America is in the denial phase of this addiction -- as evidenced by the behavior of its lawmakers. They have proposed all kinds of solutions to high gas prices: taxes on oil companies, domestic oil drilling and releasing petroleum reserves. But they ignore the obvious: that Americans drive too much in too-big cars.

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