Kos Shows Us Liberals' Wonderful Understanding Of Economics

Reports the ultra-liberal blog Daily Kos:

Alaska oil production will be severely curtailed as BP investigates pipeline problems.

In the world of Big Oil, this is cause for celebration. While supplies shouldn't be affected (the outage is 2.6 percent of American daily consumption and reserves are high), it'll give oil companies another excuse to jack up prices and continue on its record gouging of American consumers.

I guess these liberals don't realize that a damaged pipeline A) cost money to fix, B) worries investors and loses oil companies money, and C) as they mentioned, curbs the flow of oil, if only slightly. These are all factors that cost the oil company money, and raising prices to cover the difference doesn't make them evil price-gougers, it makes them a responsible business.