GAS PAINS

Well, looks like the chickens have come home to roost. Gas prices are skyrocketing and there's really no end in sight. So what causes it? A couple of things. First there's the increased demand, mainly by India and China on a supply which has not increased to meet the demand. Common sense says that if demand exceeds supply, the price will go up. Even if we produce more crude, we do not have the refinery facilities to handle it. Secondly, our government, Congress and the various presidents have given in to the exhortations of the environmentalists and have not allowed additional drilling, nor the building of refineries. There will probably be a change of direction as the outcry grows about the high gas prices, but it will be a number of years before any results can be felt, and don't expect the price of gas to come down in the meantime. I believe we're going to experience the same results when Congress and the President begin to manipulate so-called Global Warming. Food prices are already rising as shortages exist due to diversion of food products into bio-fuels--wait til the additional taxes clock in! All three of the candidates believe in Al Gores doom and gloom.