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IPFS News Link • France

Fuel Riots - The Paris Preview

• By Eric Peters Eric Peters Autos

They're rioting in France over the government's imposition of artificial fuel scarcity.

There's no actual shortage; the country – the world – is swimming in fuel, courtesy of new discoveries and new extraction techniques.

Parisians just can't afford to buy it because of French President Emmanuel Macron's "hydrocarbon tax" regime – specifically designed to make fuel unaffordable, as a compensatory measure to correct for its abundance and the low prices that would otherwise be the case.

As here.

Adjusted for inflation, the cost of gasoline is less in real terms than it was in 1965. And a huge chunk of the cost today is taxes – about 50 cents per gallon. Take that away and gas would only cost about $2 per gallon.

Diesel fuel – despite the add-on costs of having to refine it to the nth degree in order to achieve compliance with federal Ultra Low Sulfur fatwas – is also very affordable, about $2.60 per gallon.

This, of course, is a big problem for the getting-people-out-of-their-cars agenda. Of which Macron (the Beto O' Rourke of the French) is a leading avatar.

Which agenda had pinned its hopes on the perception of naturally rising fuel prices (also artificially created, via the withholding of oil) as the nudge they needed to get people to give up their cars voluntarily.

But the Peak Oil that's been promised – threatened – for more than half a century never peaked.

Worse – from the standpoint of those who want to get-us-out-of-cars  – is that the opposite has happened. More oil has been found. Oceans of the stuff. So much oil has been discovered that despite a more than doubling of worldwide demand, supply has increased even faster.

This has eliminated the excuse for all the government-imposed austerity measures of the past 50 years – everything from the "Drive 55" water torture we endured from the mid-1970s until the mid-1990s to the Corporate Average Fuel Economy fatwas that are literally destroying the car industry.

And the disappearance of that excuse is an obsidian dagger pointed at the heart of the Electric Car Agenda, which is really an anti-car, anti-mobility agenda. The object is to get people out of their cars. To get them under control. EVs are just the shuck-and-jive used to gull the modern-day version of Lenin's useful idiots.

Bottom line: If fuel is plentiful then there is no reason for "alternatives" to it.

At least, no reason for most people to freely give up their affordable, quick-to-refuel and long-ranged non-electric cars in favor of expensive, takes-forever-to-recharge and range-gimped EVs.

And this is the reason for the hysteria we're witnessing – from governments like Macron's as well as ours – attended by the courtier press, which sings the "climate change" chorus at top volume, to drown out the problem of cheap, abundant fuel.