Green Choice, Black Gold, and Red Lights
I've been having to rethink my stance on unrestricted free-market capitalism these past two years, particularly. My earlier Avid Fans will recall that I used to express mild enthusiasm for deregulation, generally.
But that's not to say I don't still believe in the power of the market at the consumer level. Consider the article from the Tampa Bay Business Journal saying that gas is going to hit $3.60 US per gallon this summer.
In our earlier discussions below I mentioned that it's the poor who benefit most by green choices. I'd like to believe that gas at the equivalent of 93¢ Cdn per litre might send a few more people looking for alternatives.
But I ain't holding my breath. Gas here runs between a buck-twenty and one-twenty-six at the moment, and traffic isn't slowing down yet.
However there's hope, I notice that the article suggests that gas prices will
"peak" at $3.60. It is to laugh. When did gas last "peak" anywhere?
The price of gas goes up. Period. A combination of collusion on the part of oil companies and an opaque pricing process and policy mean that those of us who must drive are hostage to those who sell us fuel. But we don't have to be.
As the price goes up, people will make better, greener choices. Some will get aboard transit, some will carpool, others will walk. But whatever people do, the demand for change will finally grow too loud to be ignored. I actually find I'm almost looking forward to $5-a-gallon gas. Because then I believe we'll see some real changes.
In the end, the "consumers" (corporate-speak for "people") and the market will prevail.
So, to quote one of the geniuses who helped keep Big Oil such a vital part of modern life: "Bring it on."
Just to make your day, crude oil hit a new high today at $112 per barrel.
But I very much doubt it's "peaked".