Why You Should Pay $4 Per Gallon For Gas… And Like It!

While I am a pretty upbeat guy who can find the silver lining in a lot of dark clouds, this article from Time seems to find PLENTY of unproven silver linings in $4 per gallon pricing.  The unintended consequences from a lack of planning?  The lack of a plan actually being a plan to address these 10 issues?

1. Globalized Jobs Return Home
2. Sprawl Stalls
3. Four-Day Workweeks
4. Less Pollution
5. More Frugality
6. Fewer Traffic Deaths
7. Cheaper Insurance
8. Less Traffic
9. More Cops on the Beat
10. Less Obesity

Wait For It…

I was reading an article on the status of energy bills within Congress, and I came across this piece from thehill.com.  Overall, the piece is fairly boring, as the authors discuss the status of various energy bills before Congress, but everything was redeemed by the Democrat aide at the VERY end, since it sums up what seems to be the theme of most politicians in response to the most talked about issue facing our economy.

China Stops Subsidizing Oil

Crude oil prices tumbled today as China relents to our government’s insistence they end government subsidy of fuel for their industry and citizenry.  CNN Money covered the ramifications of this action poorly here.  The waves sent around the pool will result in lower energy costs worldwide as one of the world’s largest populations must now decide how to maintain their daily lives with the increased price of fuel in their near future.  Prices for July delivery dropped $4.75 per barrel by the end of trading today in response to the news, which means that Americans might see a drop in price at the pump by the end of summer.