Scene: Jordan alone in office working on the paper for POTUS. Earlier POTUS asked Jordan for ideas how to convince politicians and the public that it would be a good idea to fund rebuilding US infrastructure by fixing the price for gas and diesel fuel. The paper is overdue, POTUS is frustrated and Jordan struggling to finish because of a series of interruptions. Original conversation with POTUS Entries #104, #105.
Jordan (talking to himself): Alright, I really need finish the draft. POTUS mentioned the need for rebuilding infrastructure in the State of the Union speech. Now people are asking for details. Why am I so far behind on this?
I’ve got most of the draft completed. What’s left to cover? Plan details will take a while to hammer out. However, I need to make sure the plan is reasonably practical before it hits the press.
Practicality – does it pass the smell test? Is the plan practical or is this some ‘inside-the-beltway’ mirage that has no chance in the real world?
What about profit margins? The oil-and-gas executives and the fuel-station operators could gouge prices under this plan given half a chance.
What if the plan ensured that the infrastructure tax – quit calling it a tax? The “infrastructure investment” would be limited to say $2.00 to $2.50 per gallon? Having a ceiling on the amount of infrastructure investment would be an incentive to the oil-and-gas companies to increase domestic exploration and production. The ceiling would also encourage the companies to reduce costs.
Funny, I suspect the oil-and-gas guys will scream about more government intervention with this proposal. But they don’t seem at all upset that the industry and the companies are whipsawed by a limited number of oil traders, who basically decide the price of oil.
I need to ask these guy, “Would you rather have fate in your own hands or someone else’s?” But Texas being Texas, I can hear them now.
If they’d stop and think about how the proposal could benefit them directly, they might support it. As crazy as it first seems, under this plan the oil-and-gas companies could increase profits and have a more predictable cash flow. But they’ll never buy that idea on their own.
I need to find a respected oil-and-gas executive who can carry the torch on this idea. And I know just who to call. He’ll say no at first, then have a drink or two, sleep on it and call back saying he supports the idea. I need to call him. (To be continued)