The Gas/Eggs Theory

Most of our (extended) crowd is familiar with the above theory. Thanks Ricky for giving me something else to ponder.

As is my way, things I've heard have a way of going in one ear and out the other and back again.

I've been thinking about the gas/eggs theory a little more in depth. We have not built a new oil refinery in 30 years. If we haven't built a new refinery, it is doubtful that we have increased our storage capacity. Since we already have a standard reserve of gasoline in this country, would it not seem that if we, as consumers, didn't buy it at whatever the price, there would be no place to store it. It would make sense that surplus outside the reserve would be loaded on to tankers and sold to the highest bidder? Just something to ponder. We Americans are (sometimes) really adept at shooting our own feet.

=^..^=