Understand this general rule (economically derived): The higher the price of gasoline, the less driving an individual will do.

Now, understand that the Democratic Party’s platform states:

We will create a cleaner, greener and stronger America by reducing our dependence on foreign oil, eliminating billions in subsidies for oil and gas companies and use the savings to provide consumer relief and develop energy alternatives, and investing in energy independent technology.

So, wouldn’t it stand to reason that an economy with higher gasoline prices would be welcomed by Democrats? Wouldn’t such an economy yield, through the effect of less driving, a cleaner, greener and stronger America?

Yet, Nancy Pelosi recently stated,

The President knows, as his own Administration has stated, that the impact of any new drilling will be insignificant – promising savings of only pennies per gallon many years down the road. Americans know that thanks to the two oilmen in the White House, consumers are now paying $4 a gallon for gas. But what Americans should realize is that what the President is calling for is drilling as close as three miles off of America’s pristine beaches and in other protected areas.

Today, the New Direction Congress will vote on legislation to bring down gas prices by taking crucial steps to curb excessive speculation in the energy futures market. The President himself could lower prices by drawing down a small portion of our government oil stockpile, the Strategic Petroleum Reserve. The New Direction Congress will continue to bring forth responsible proposals to increase supply, reduce prices, protect consumers, and transition America to a clean, renewable energy independent future.

Does Pelosi really want to lower the price of gasoline or does she want to play politics under the guise of saving the environment? How high must the price of gasoline go before the Democrats relent, and actually do something?

$10 a gallon?

Filed under: DemocratsEconomics & TaxesEnergyEnvironmentGlobal WarmingLiberalPoliticsRusty

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