We told you to watch for a sellout: the sale starts now!
House Speaker Chris Benge is starting his “Sold Out” tour this week. The Speaker has bought into the CNG con being perpetuated by some rich Oklahoma and Texas con artists, and somewhere Al Gore is laughing his fat behind off at yet another Republican seduced by Ponzi-scheme solutions for Gore’s contrived global warming fantasy.
And what will the con artists get? The politicians who have sold out won’t want you to know, but here it is: a built-in market for their natural gas and, dare we say, monstrous amounts of tax credits. We also suspect legislation to require the entire state fleet of vehicles to run CNG, and you can bet the taxpayers, not the con artists, will be footing the bill.
It’s just the latest con job (remember ethanol?) foisted on the public by opportunists seeking to exploit America’s anger toward the energy situation. Do you remember natural gas promoters spending millions last year to stop a coal-fired electricity plant? Do you recall the results? higher prices for Oklahoma electricity consumers! If going green is so great, why does it feel like a prostate examination?
Remember the famous words: those who do not remember the past are doomed to repeat it. Apparently Mr. Benge slept through that part of history class.
So here’s a primer: when demand goes up, prices go up, and when demand drops, price drops! And we know what’s going to happen to supply if millions upon millions of Americans spend billions upon billions of dollars on retrofitting their cars and start burning CNG: lower supplies and higher prices. To put it another way, Mr. Speaker, after you spend thousands and thousands converting your vehicle to CNG, and millions of Americans start using CNG, the price will go up. Oh, and by the way, if millions stop using gasoline, the price of gasoline will go down.
Here’s our new slogan: CNG, it isn’t a bargain for long!
Remember the words of PT Barnum: there’s sucker born every minute. By the way, we thought you would enjoy a look back at some of history’s most famous con artists in light of today’s “Sold Out Tour.” It will help remind you that really foolish people are often taken advantage by con artists. It kind of puts things in perspective, doesn’t it.
Related:
The Oklahoman: Oklahoma House speaker touts natural gas as part of Oklahoma’s energy strategy
AP: Okla. House speaker proposes doubling CNG stations