I just threw it out there.
Oil is a unique commodity in that it runs our country, totally and completely. Without it, every aspect of our lives is jeopardized, from the largest government agency, down to the lowliest stock clerk in shoprite.
Im not sure what I would do and I dont have a very advanced understanding of economics. Im also pretty comfortable in life. Not very wealthy, but certainly upper middle class and to be quite honest, the higher prices didnt really effect my life to much. However,
I am smart enough to realize 2 things. 1. Not everyone is in my comfortable position even though they work damn hard - this includes lots of elderly who are getting hammered right now because of absurd heating oil prices. 2. The country's economic health is being jeopardized so a single industry can post record profits.
The oil business is closely tied to the government...they get tons of free money. As long as you are taking handouts, maybe you should answer to some of us who are footing the bill.
Im all for lifting a lot of these ultra-strict environmental restrictions so we can start building a greater refinery capacity. We should also be drilling anywhere we find oil domestically. Certainly, its time to seriously fund alternative fuel source research. Dont leave it to the oil companies, they're not interested.
If all else fails, why not consider an excess profits tax?
By the way, I dont think you're lottery ticket example holds up. The only thing I can do to increase my odds of winning the lottery is buy more tickets(ie invest more money). Thats fine. But that is not what happened here. What happened here is akin to taking control
of the machine and picking out my numbers.
Regardless, Im just throwing all of this out there as its been in my head. Im one of the most hard right wing guys you could ever meet but I havent forgotten my working class roots.