$2 or $4 gas - Which is better?
I have a serious question: Which is better for Americans, $2 gas or $4 gas? I heard just a bit of a politician talking about our need to reduce Saudi oil production since this is keeping prices low. This is a huge and complex worldwide issue so I’d like to pose some serious questions. When gas is low, people travel more. Good. But more exhaust, bad. Tourism jobs are up. But jobs go away in places like the Bakken oil fields in North Dakota. But many folks decry the methods of finding and producing American oil (fracking for instance) so less production, less environmental damage. No need to argue about the pipeline (except of course to move Canadian shale oil down to southern U.S refineries. Detroit (as a stand-in for the auto industry at large) sells more SUVs and larger trucks when gas is cheap. Good for that economic recovery and more (mostly) American jobs in production. Good for auto-makers since these are higher margin vehicles. Bad for the environment as the coll
