Be ready to see history repeat itself . . . . . again for the third time in the US

Ok, try 2. The first try was a very long history piece, I'll spare you the novel.

Hawaii is unhappy that gas prices are higher there then the rest of the US, and with oil prices increasing, the cost of gasoline is going up as well.

So their solution would be to put a price cap on the cost of pretax gasoline sold at the wholesale level. They forget they have to import 100% of their oil and gasoline.

If the price cap is implemented, and the oil companies can't make enough money to justify their operations there, why will they keep selling oil in Hawaii? If the gas stations (which are mostly owned by local people) can't make a profit, they will close down, which will end up with fewer gas stations serving more people and therefore longer lines.

Even the original backers of the price caps are doing some re-thinking on the rules. Originally the price cap was to be based on West Coast gas price, however at this time, Hawaii has lower gas prices then much of the West Cost.

I wish people would think before saying price caps are wonderful. In the old Soviet Union and Eastern Europe before 1989, there were lots of price caps. There are price caps in Cuba today. Of course there isn't anything to buy because people will not make things they can't sell at a profit. Which is why the black market was often the only way to get the goods one needed at much higher prices then the official price.