• 6 minutes Trump vs. MbS
  • 11 minutes Can the World Survive without Saudi Oil?
  • 15 minutes WTI @ $75.75, headed for $64 - 67
  • 1 hour Satellite Moons to Replace Streetlamps?!
  • 2 days US top CEO's are spending their own money on the midterm elections
  • 12 hours EU to Splash Billions on Battery Factories
  • 16 hours U.S. Shale Oil Debt: Deep the Denial
  • 1 day The Balkans Are Coming Apart at the Seams Again
  • 9 hours Owning stocks long-term low risk?
  • 12 hours The Dirt on Clean Electric Cars
  • 1 day Uber IPO Proposals Value Company at $120 Billion
  • 2 days OPEC Is Struggling To Deliver On Increased Output Pledge
  • 2 days A $2 Trillion Saudi Aramco IPO Keeps Getting Less Realistic
  • 1 day 47 Oil & Gas Projects Expected to Start in SE Asia between 2018 & 2025
  • 2 days U.N. About Climate Change: World Must Take 'Unprecedented' Steps To Avert Worst Effects
  • 7 hours The end of "King Coal" in the Wales
Forget Lithium, This Is The Next Big Thing In Energy

Forget Lithium, This Is The Next Big Thing In Energy

There’s a virtually unknown commodity…

Rationing Gasoline in New York will not Work

Crain's New York Business reports Mayor calls for gas rationing in NYC.

Mayor Michael Bloomberg on Thursday called for gas rationing in New York City to begin Friday, saying only 25% of stations in the city were operational and that full production would not be restored for several more weeks.

Rationing Won't Work

Precisely what good is rationing supposed to do? Whatever the theory is, it cannot possibly work.

Overall demand for gas will not drop a bit.

Let stations charge whatever they want. The lines will clear out in no time, and everyone else can decide how much they really want to drive.

Click here to read the full article.


x

Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News