So now, the Confuser in Chief has decided to start a brand new war, this one is against the free market. Of course Republicans claim to want a free market, but few of them understand that having a free market involves things like not having corporate welfare, not having price and wage controls, and actually leaving people free to buy and sell based on what they believe to be best, not what some politician thinks best.
So now, Dubya the Decider has decided to crack down on anyone "taking advantage" of the changes in the oil market brought about by the hurricane by adjusting their prices to match reality.
Some who -- like Bush -- never studied economics, must be asking themselves "is this guy arguing for higher prices?" Yes, I am. Why? Because that's what reality requires.
For a time, there is less refining capactity in America. That means we are producing less gasoline. If we continue to attempt to consume the same amount of gasoline, we will have shortages. We cannot consume more than we produce. The free market has a solution to this problem. It's called a price. When the price goes up, people -- even people far away from the hurricaine -- will have incentive to consume less. Prices are always moving towards -- but never reaching -- the point where supply and demand are equal. Any change in production or in the value of consumption must be reflected in the price, or the market fails to work.
So what happens people are frightened by Bush's threat, and fail to adjust the price to match reality? Shortages, and lines. Waste, as people continue to use fuel which could serve more important needs for less important needs ... as long as they can get it. Then lines at the gas station as they try to replace the fuel they wasted, in order to meet their more important needs. We saw this in the 1970's, when the "free market" Republican in office imposed price and wage controls. Does anyone remember the lines at the pump, the "out of gas" signs appearing on gas stations? I do.
The lobotomized market Bush proposes is the road to disaster. A free market, as proposed by the Libertarian Party is the only cure.