Gasoline Prices

In a free market the price of gasoline is determined by the economic law of supply and demand. If supply exceeds demand, the price goes down. If demand exceeds supply, the price goes up. The entire civilized world (and I use that phrase in a loose sense) is demanding so much gasoline that it puts enormous pressure on the ability to supply that desire.

Now will you please explain to me that while we cry out for cheaper gas, we allow both Republicans and Democrats to make it unlawful to explore and drill for oil on our Atlantic coast, Pacific coast, the east coast of the Gulf of Mexico, and ANWR?

Help me out here.

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Ann Coulter weighs in.

RE: THE LEFT
"I would be more interested in what the Democrats had to say about high gas prices if these were not the same people who refused to let us drill for oil in Alaska, imposed massive restrictions on building new refineries, and who shut down the development of nuclear power in this country decades ago. But it's too much having to watch Democrats wail about the awful calamity to poor working families of having to pay high gas prices. Imposing punitive taxation on gasoline to force people to ride bicycles has been one of the left's main policy goals for years. For decades Democrats have been trying to raise the price of gasoline so that the working class will stop their infernal car-driving and start riding on buses where they belong, while liberals ride in Gulfstream jets... The Democrats' only objection to current gas prices is that the federal government's cut is a mere 18.4 cents a gallon. States like New York get another 44 cents per gallon in taxes. The Democratic brain processes the fact that 'big oil companies' get nearly 9 cents a gallon and thinks: WE SHOULD HAVE ALL THAT MONEY! When the free market does the exact thing liberals have been itching to do through taxation, they pretend to be appalled by high gas prices, hoping the public will forget that high gas prices are part of their agenda." —Ann Coulter