With gas prices on the rise, the blame game is in full swing. Some in the media and in the government are saying increased drilling will lower gas prices. It turns out this isn’t the first time we have heard this argument, and liberals and conservatives alike agree that it is just not true.
But don’t take my word for it, listen to Fox News!
They are right! No amount of drilling here in the United States can lower the price of a gallon of gas. We just aren’t a big enough supplier, though we’re number one when it comes to demand.
Try as we may, we will never control supply – we can, however, decrease demand. Improving efficiency, promoting conservation, and transitioning to renewable sources of energy like offshore wind are the only ways to achieve a secure and affordable energy future. Using less is the only way to lower the price. Just ask Bill O.
In 2008, he gave his viewers sound advice: “If Americans want lower gas prices, cut back. Sell those SUV’s. Ride a bike when you can. If every one of us bought 10% less, prices would fall fast.”