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Tuesday, June 3rd 2008

7:25 PM

Why Politicians Might Prefer High Oil Prices

Oil Prices At High Levels Benefit Politicians.

Politicians throughout the world have the human trait of wanting as easy a life as they can get (Don't we all!) and so let's take a look at a brief breakdown in simple terms of what they actually do for a living. They supposedly represent the people who voted for them and work in the best interests of those people.

In the course of their work, they distribute budgets that have been created by the collection of taxes, and they use this money for worthwhile projects, each politician dealing with the area that they represent. So, it follows that they please some people, and annoy others.
They please the ones who have the money spent in their particular town or village, and they annoy those who have a need for money being spent but failed to get it allocated to their particular town or village.

Further, it follows that if the politicians had more money in those budgets, they could please more people, and in turn get voted back in for another term of office more easily.
As the price of, for instance, gasoline (or petrol) is made up of generally more of an amount in tax than the actual price of the liquid itself, then it follows that if the price of oil and in particular fuels doubles at the pumps, then the revenue available to the politicians will increase also.
So, it is against the politicians best selfish interests to have low prices for oil, and it is also similarly against their best interests to have a reduction in oil use in order to lower pollution. In fact, they might actually benefit by higher prices, higher usage, and higher pollution.
And that, Ladies and Gentlemen, is probably why we are not already driving electric cars.
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