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	<title>Comments on: Oil now worth LESS than nothing&#8230;</title>
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		<title>By: hank</title>
		<link>https://habitablezone.com/2020/04/20/oil-now-worth-less-than-nothing/#comment-44381</link>
		<dc:creator>hank</dc:creator>
		<pubDate>Tue, 21 Apr 2020 03:20:06 +0000</pubDate>
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		<description>So does this mean I can go fill up my car and I&#039;ll get money back?
Last time I looked Regular was still going for over $2 a gallon.

Maybe some of our Junior Achievement Young Republicans here can explain where in Adam Smith (or Ayn Rand) 
I can read up on just how this is done.  All the while the price of oil has been dropping 
our President has been telling us how awful this is for our economy and how it would be 
necessary to provide some kind of subsidy for the oil industry in order to &quot;save the economy&quot;.
When the price went UP, it was always &quot;market forces&quot; at work.  But when it goes DOWN, and the
consumer finally gets a break, it is necessary to intervene to put a stop to the decline.
And lets not blame the price of oil on the virus, OK?  It has nothing to do with the price of
energy.  Maybe its all about that &quot;trickle down&quot; economics Reagan tried to sell us?  Remember that?

I understand they&#039;re thinking of giving subsidies to the airline industry, too.  You&#039;d think 
free fuel for their jets would be the only stimulus they&#039;d need!  How can anybody believe this shit?
The purpose of a conservative administration is not to ensure the free functioning of markets, 
but to intervene in them when they cease to be profitable.

But this is nothing, my friends.  Now that our farmers are pouring milk down the storm drains and plowing their crops back into the ground, the price of food will go so low they&#039;ll have to offer free greenbacks at the supermarket before people will bother to go and get it.  There will be food riots for all that free food, but at least the Molotov cocktails will be very cheap to make.

Well, I suppose its all Obama&#039;s fault.
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		<content:encoded><![CDATA[<p>So does this mean I can go fill up my car and I&#8217;ll get money back?<br />
Last time I looked Regular was still going for over $2 a gallon.</p>
<p>Maybe some of our Junior Achievement Young Republicans here can explain where in Adam Smith (or Ayn Rand)<br />
I can read up on just how this is done.  All the while the price of oil has been dropping<br />
our President has been telling us how awful this is for our economy and how it would be<br />
necessary to provide some kind of subsidy for the oil industry in order to &#8220;save the economy&#8221;.<br />
When the price went UP, it was always &#8220;market forces&#8221; at work.  But when it goes DOWN, and the<br />
consumer finally gets a break, it is necessary to intervene to put a stop to the decline.<br />
And lets not blame the price of oil on the virus, OK?  It has nothing to do with the price of<br />
energy.  Maybe its all about that &#8220;trickle down&#8221; economics Reagan tried to sell us?  Remember that?</p>
<p>I understand they&#8217;re thinking of giving subsidies to the airline industry, too.  You&#8217;d think<br />
free fuel for their jets would be the only stimulus they&#8217;d need!  How can anybody believe this shit?<br />
The purpose of a conservative administration is not to ensure the free functioning of markets,<br />
but to intervene in them when they cease to be profitable.</p>
<p>But this is nothing, my friends.  Now that our farmers are pouring milk down the storm drains and plowing their crops back into the ground, the price of food will go so low they&#8217;ll have to offer free greenbacks at the supermarket before people will bother to go and get it.  There will be food riots for all that free food, but at least the Molotov cocktails will be very cheap to make.</p>
<p>Well, I suppose its all Obama&#8217;s fault.</p>
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