High Gas Prices: SO WHAT!

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So, is someone holding a gun to your families head threatening to shoot if you don't drive that Cadillac Escalade? No? Perhaps your pet's have been kidnapped, never to return unless you drive that 8-cylinder Mustang GT. No again? The you don't have reason to whine. But much reason to learn about economies.

Apparently, it's a topic the major media outlets skipped in journalism school. Instead, they opted for electives like "Reality Shows 101." This being since all we hear anymore is a few seconds of how terrible gas prices are these days. The remainder of the newscast is nothing but who got the boot from Dancing with the Stars or American Idol.

Go figure.

So here is some general info to put some things into perspective for those who "missed" how prices work. And hopefully, will effectively turn the "whiny factor" off for many of them.

Grocery Stores. Many people visit them and some, remarkably enough have noticed that prices have climbed a bit over the last couple years. Namely, in areas like bread, corn, rice, sugar as well as a few other staple-foods. Much of this is directly attributed to the false sense of hope that "biofuels" will become the next best thing. Whilst all it really does is aide in the starvation factor being felt in much of the third world.

But are you aware of the fact that Grocery Stores operate on approximately a 30-35% profit margin? That amount varies of course by location, as well as the department (i.e., produce, meats/seafood, canned goods, etc.) within the store itself. It averages out to the low to mid thirty percent bracket generally. That's a fairly hefty bit of a profit there. Are we demanding that Congress now hold "hearings" about the amount of money grocery stores have been making off the American public?

No.

Now compare that, with the $11 Billion record profits that Big Oil companies made last year. Which by the way is the only other thing we get to hear on the news besides gas prices and Dancing Idols. Oh no! How dare Big Oil make a profit! That's unheard of in a functioning Capitalist Economy. Hearings about this we have heard of. Several times now in fact.

Kinda makes me wonder why anyone would even bother starting, or continuing to run a business these days if all anyone is going to do is try to cause you to make NO money at it. But these are evil Big Oil companies we're talking about. Companies that made "Record Profits." Yeah, profits they EARNED, working on only a 10-11% profit margin! Yeah, that's all they make. Especially when you consider all they have to SPEND in order to make that.

Oops, it sounds like the whiners didn't take that into account before they started howling. Must have missed that part since they were probably busy ordering their half cafe-decaf-mocha-latte-triple shot-essprese-ccinos.

Something else for the "my panties are in a bunch over fuel costs" crowd might need to know is that other countries are WILLING to pay the higher prices for the oil. India and China come to mind as large populated countries with burgeoning middle classes. People who never owned a car, can now afford them, requiring a skyrocketing need for fuel in those countries. You can thank outsourcing for that. They pay it, so can you.

Let us not forget the enviro-tards that have been denying for decades the offshore shelves and ANWAR to the evil Big Oilists. The endangered Arctic Butt-Fly colonies and Luffa migrations apparently take precedence to National needs, which isn't helping our situation any in reducing our dependence on foreign oil.

So work towards changing things like opening up new areas for drilling, or Get Over It!

Yeah, it really is that simple.

http://hoopyfrooddude.blogspot.com/2008/05/high-gas-prices-so-what.html