Mark Warner: Real Energy Solutions

If the price of gas were greater than the value of gas to consumers, then gas stations wouldn't be able to sell their gas, and you'd see accumulation in inventories. But inventories haven't been accumulating oil. So the price of gas has been set by supply and demand, not by speculation or gouging.

The real issue is that there are no alternatives to gas right now, so people buy roughly the same amount regardless of how much is costs.

Anyhow, I love Warner otherwise, and hope he gets elected.

What about public transportation? I know a number of people who could easily get to work by the metro but don't because it's "cheaper" (financially, anyway) to drive. Is there a way to reduce public transportation costs, subsidize the subways, and then slowly lift oil subsidies as alternative energy sources proliferate and demand for oil goes down?