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June 22, 2008

Comments

Eric Leckey

It is interesting to see you get 'political' not to say that you're picking a side. It was pretty well layed out in an even manner.
My two cents: If 2-3 new Nuclear power plants were built, especially 1-2 in the east where they use oil for heat their homes etc... More that we west coasters use it for that purpose. It would lower our consumption rate, in some articles I have read, 8-10%.
This coupled with drilling offshore and drilling in ANWR, coupled with the R & D that will come in the next few years with cars that get better gas mileage or don't use gas at all, things will improve.
My big complaint, I am tired of people blaming the Government for the problems, everyone wants them to stpe in and solve problems but yet don't want intervention in their lives. They wants government to pay for programs, but yet don't want to pay taxes. People will blame whomever is in power at the time, Democrat Repuplican doesn't matter.
Finally, This whole "green" revolution that is going on is so fake and it really upsets me. Funny how no one was "green" until it hit them in the pocket books... Gas gets unaffordable and high gas mileage cars become somewhat affordable and all of a sudden everyone is a member of the green party. Stop, the solution in the end will have to come from the consumers, since they have started to buy the high gas mileage cars, they car makers are making more... We vote with our money not in a ballot box. Quit blaming the President/Congress etc. Start with yourself. You are the problem.

And P.S. Don't act so smug just because you own a hybrid. Your not that great

Cam

Remember this little gem from the president back in 2001? (pre-9/11)

"The California crunch really is the result of not enough power-generating plants and then not enough power to power the power of generating plants."

Why do I have the same sense of HE HAS ABOLUTELY NO IDEA WHAT HE IS DOING now as I did then? Apparently he didn't really get much on the job training these past 7+ years. Oh, W what will we do when you are gone?

Rose

Two things that come to mind reading this:

1) The family issue. It's exactly what Jacob Weisberg addresses in "The Bush Tragedy" - that's "tragedy" in dramatic terms, not as a comment on policy. In this case, we're seeing Bush struggle against the legacy of his father and brother, and then try to fill in the blanks in his reasoning in a way that's more in line with the "second family" he's selected (Cheney, Rove, et al.). Whatever your take on the presidency of GWB, it's a fascinating, even-handed read.

2) We're focusing our wrath on the oil companies because they're making record profits while we're paying record prices at the pump. The oil companies are on the advertising offensive right now, pointing out that plenty of everyday Americans own pieces of oil companies through mutual funds, and that, hey! really! there are people at oil companies who are working on non-oil technologies! honest! Federal taxes only add up to 20 cents and change per gallon - which isn't much of a reduction at the prices we're paying.

Meanwhile, Brazil has achieved energy independence by using ethanol from sugarcane, which produces more fuel more efficiently than corn without (arguably) contributing to a worldwide food shortage. Yes, they have a different set of circumstances than the U.S., but not so much that we couldn't learn something from them if we weren't so wedded to oil and status quo agriculture.

Scott

I just had a bit of a shock as i was going through my reciepts. I am an independent truck driver and I pay for my own feul. In january of 2008, I was paying around $3.33 a gallon for deisel. Now I pay around $4.95 a gallon. I use at least 320 gallons a week, so you can see how much more money it costs me just to operate, and the money comes from my personal income. A serious solution needs to be found, and quick as well before our economy folds.

john

with all of the economic problems why do you think the dollar is so low.

Stacey

As a proud tree-hugger, I can't even describe how disturbed I am at Dubya's rhetoric about oil drilling.

There is no magic bullet solution.

Detroit needs to accept the fact that we need more fuel efficiency. They've been fighting having to meet tougher fuel standards for decades, and then found themselves behind the 8-ball when economic conditions changed, and now they're bleeding money like crazy. Instead of lobbying Congress with millions of dollars, they could have been designing more fuel-efficient cars and had their factories updated to produce them. They complain that it's not possible to meet tougher standards without a lot of pain all around, but somehow, Europe and Japan are already doing it - go figure. They lost out big to Japan in the 1970's, and they're doing it again this time around. I've never owned an American car myself, and I don't plan to, ever, because Detroit just doesn't get it.

As consumers, we need to stop whining and bite the bullet and accept our own responsibility in this matter. A lot of what we have going on IS a result of supply and demand, so we need to find a way to stop demanding so much. Who really needs a monstrous gas-guzzling SUV anyway, and do we really need to drive EVERYWHERE? If you think gas prices suck here, try living in Europe for awhile.

Businesses could help by allowing as many of their employees to telecommute as possible. The people I hear complaining about gas prices the least are the ones that get to work at home. There's so many benefits to this, I won't even go through the trouble of listing them all, but on top of lower gas consumption, the big benefits here are that you also get less pollution, and more productive workers.

Tracy

Oh Rose dont bring up Brazil without noting that they use slave laber.

HeatherMichelle

People, you need to start thinking globally. The U.S is not solely responsible for the high price of oil. There are other countries out there where people drive cars and use oil for heating. Take China. China had 159,777,589 motor vehicles by the end of 2007; the stat I found on the U.S puts our number of vehicles at around 250 million.

The difference between the U.S and China? Up until recently the Chinese government had subsidized the price of gas. But last week China said it would raise gas prices by lifting subsidies that have been blamed for driving oil prices higher. China is also raising the price of electricity. This is supposed to curb demand from the country's rapidly growing economy.
Strong demand from China's booming economy has helped support crude prices. Fadel Gheit, oil analyst at Oppenheimer & Co., said nearly 60 percent of the world's oil demand growth stemmed from China's subsidized consumption.

From the Seattle Times, “China is the world's second-largest consumer of oil, well behind the United States, but the Asian nation's demand and imports of crude have been growing briskly in recent years to support its booming economy and rising standard of living among its 1.3 billion people. Analysts have said burgeoning consumption from China, India and other developing countries has contributed to the doubling of oil prices in the last 12 months”.

A change in the government's policy of controlling gas and diesel prices could mean higher gas prices for Chinese consumers, undercutting demand. As China’s demand falls, the supply of oil will increase and the market price will fall.

Larry Algaze

While I may disagree with his attitude, Eric is basically correct. The only was this is going to turn around is when Americans demand more fuel-efficient cars from the car companies. We are finally seeing that happen now. Anything else, government subsidies for consumers, high taxes on oil producers, just delays the inevitable and ends up being counter productive. Personally, I hope the prices continue to rise up to the level they pay in Europe. That will force us to dramatically change our consumption behavior, and look for alternative ways to get around.

Rob in Chicago

Of course Bush 43 is plugging an increase of oil supply via Antarctica, he has a vested interest in Spectrum 7, Arbusto Energy and Harken Energy, all oil companies he has served as a senior partner, CEO and placed monetary investments, he needs his presidency to help fuel his business ventures.
Unfortunately, the real source of the matter which would help the American people and the environment would be cooperating with foreign auto makers to bring autos free of oil dependence to the market: such as the flex-fueled alcohol car makers in Brazil, or the auto that runs off compressed air from France, oh, and then there are the Japanese companies continuing to develop the plug-in electric autos. Unfortunately, the oil conglomerates have a stranglehold on decision makers (REPUBLICAN AND DEMOCRAT ALIKE) and the best alternative that can be developed/passed around is the ultimate oxymoron known as "clean coal," and another old white president or a new black president won't change a damn thing.

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