The Energy Bill

By Dave

I’m against it. So is Rich Lowrey:

President Bush said the other day that he wishes he could wave a magic wand and make gas prices go down. That sounds like a plan that would almost be as effective as his misbegotten, long-languishing energy bill. Bush relentlessly touts the legislation as a potential salve for high gas prices, but it won’t be, because it runs afoul of a force with which Bush should be familiar — the free market.

Already we are seeing consumer choices change with dealer lots full of SUV’s that consumers are now shunning for more efficient cars. Price matters and the less the government tweeks it the sooner it will make a difference.


The information on this site is not intended as individualized investment advice and all investment decisions by a reader must in all cases be made by the reader either individually or together with his/her investment professional. The views expressed in articles appearing on this site are solely those of Dave Budge and should not be attributed to any other person or entity except where expressly stated.
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The information on this site is not intended as individualized investment advice and all investment decisions by a reader must in all cases be made by the reader either individually or together with his/her investment professional. The views expressed in articles appearing on this site are solely those of Dave Budge and should not be attributed to any other person or entity except where expressly stated.