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Perhaps we ought to place the oil industry under government control if you don't like the way the free market is working out for you?
The government artificially creating inflation is not an example of the free market.
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Perhaps you should find fault in city planners who were too dumb to realize that creating communities where you cannot do ANYTHING unless you get into a car is not the brightest idea.
Yes, because with 350 million people obviously anything that you can't walk to isn't worth doing.
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Perhaps you should find fault with those people who demanded and created an infrastructure that mainly moves goods via roadway without much possibility for alternative means.
I really have no idea how this applies to the current discussion.
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But none of that is relevant. Even though it is more than evident that what we are doing is really asinine, all you can do is whine about what it costs you without EVER entertaining any ideas that it doesn't have to be that way. After all, renewing infrastructure and compromising the way you DESERVE to live is communist/socialist bullcrap. Never mind that the increasing price of gas is forcing you to compromise even more.
Thanks for pointing out how government policies are harming the economy, but I'm going to guess that your position is that it is a good thing because people do not live up to your completely unrealistic standards?
I wonder if the Oil Companies realize that high fuel prices are destroying our economy. Maybe they simply do not care as they have developing markets elsewhere in the world that will pay even more. I wonder what gasoline cost in India or Pakistan or Indonesia.
FWIW - Gasoline in Venezuela is priced on recovery and refining costs and they only charge about $0.25 a gallon. Diesel fuel is even less expensive.
Gasoline in Venezuela is HEAVILY subsidized.
The oil companies are only making about 30-40cents a gallon of pre-tax profit in the US.
Imagine if the US dollar was still worth $1.20 canadian like back in the day.....
There is no such thing as energy independence. And to the extent that it's possible, America won't ever sign up for it.
I personally think it may happen in my lifetime but I plan on living a lot longer than 2020.
All of Romney or Obama's political rhetoric aside, if we crack the fusion puzzle that's that.
I look back to my grandfather who could tell me about when people started getting things like phones and electricity and have some faith that we will make more progress.
For the first time were I live gas has hit the 4 dollar mark. We've been building hybrids for almost 10 years now and we have big ugly wind turbines popping up all over but yet gas prices are still rising.
I guess I could be over reacting, after all we have the Obama volt.
FORWARD
It's the second time we've seen these prices here...the first was in mid '08. Some will say they were the final tipping point that triggered the recession. Transportation costs drive inflation across the entire economy, and take money out of the hands of consumers that could be spent buying other goods or services.
The days of low gas prices are over. Most people seem to forget the gas prices started rising at the end of Clintons second term. The fact that gas is $4 a gallon today is just the chickens coming home to roost. We've been warned about this since the 70s.
For the first time were I live gas has hit the 4 dollar mark. We've been building hybrids for almost 10 years now and we have big ugly wind turbines popping up all over but yet gas prices are still rising.
I guess I could be over reacting, after all we have the Obama volt.
Well acording to a Recent Report 50% of Canadian Roads and and other major infastructure ned to be Replaced and like the U.S. our Roads and power grids are runing at max capacity and we have not built anything viable to replace thyem I mean you think we would of build a few new Hydro Electric Dams, a Bunch og LNG power planets since it is so abundant that both our countries have to export it below cost and and no new Gen 3++ or Gen 4 Nulcear power plants are being built back East but we are retrofiting our older Reactors to modren desingns and Alberta could use a 4 core ACR-1000 or APR-1000 to meet our ever growing demand for power.
Asia is the main region in the world where electricity generating capacity and specifically nuclear power is growing significantly.
In East and South Asia there are 112 nuclear power reactors in operation, 37 under construction and firm plans to build a further 84 with Many more are proposed.
The greatest growth in nuclear generation is expected in China, Japan, South Korea and India.
I mean we should be doing that here in in North America and build 30-40 Gen 4 new Nulcear power plants heck Canada is the one of the worlds largest exporter of Uranuium and China is buying it up and using it to fuel those new Reactors and we cannot even get 3-4 new Reactors built.
We should get into building highly modren and advanced thorium fueled Reactors and Pebble Bed Reactors since it is the viable solution to Replace Uranium and is safer and actually is the step we need to make before we get our hopes set on Fusion which is still 2040-2060 before we might be able to make the switch away from Nulcear Fission power plants.
I would add that we also need, in addition to new reactors, a complete used fuel reprocessing and new fuel breeding system. The result would be a perpetual electrical generation system that would make more fuel than it consumed. We should be modifying our existing coal fired power plants to natural gas until high temperature gas cooled nuclear reactors can replace the fossil fueled furnaces while using refurbished boilers and steam engine/generators.
Eventually a clean perpetual power grid would be able to power for our coal free economy. We could also use nuclear reactors to provide the energy required to convert coal into petroleum fuel for automobiles and feedstock for the chemical industry.
High gas prices are simply a symptom of the problem....not the problem itself.
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