Some time ago on this blog, I said that $2.00 + fuel would be a problem for George Bush, and when Kerry got to the issue, he would make big points in the election contest.
Now I'm not so sure. Kerry could screw up a wet dream. He flew into PDX yesterday to make his "Fuel Speech", chose as his backdrop the school bus barn of the financially-challenged Parkrose School district, and let fly his newest stump speech. Today, the local (D)emocrat house organ, the Oregonian, gave him 48 column inches of newsprint to tout his "plan". Here's the plan:
1. Criticize Bush for not getting tougher with OPEC to pump more oil. Cheap shot: what would "Rambo" Kerry do, march the 3 ID into Riyahd and take the oil at gunpoint?
2. Offer car buyers a $4,000 tax credit for purchasing "fuel efficient" cars. He didn't say what level of fuel efficiency would be required to earn the tax bennie, but he's probably talking about the overpriced, underpowered, eggshell cars now known as "hybrids". These hybrid gas-electric vehicles cost about 40% more than a standard car, and $4,000 doesn't go very far in paying for them.
3. Stop refilling the Strategic Petroleum Reserve. This boneheaded idea was tried out by Clinton, who actually pumped the Reserve down, resulting in no cost reduction to the fuel user. The value of the Reserve is as a reserve against hostilities against the US which would interrupt the flow of oil, not as a buffer against price spikes in the marketplace. Since we face such hostility now, it makes sense to fill the Reserve faster. Also, doesn't this Bright Idea #3 conflict with Bright Idea #1?
I'm continuing this rant, changing it to reflect the SUV argument, in the space below.