Quote:
Originally Posted by ReportGasPrices
Exactly they are trying to push our buttons to see what we are willing to pay for gas. If gas is too high and people stop buying, this will hurt there economy and they won't be able to spend $5 Billion (gas money) like they did with Wachovia. This however is unlikely to happen until we figure a solution for more homegrown oil.
|
I think this time is the last time. We suffered through this twice in the 70's, decided we were going to switch to alternative energy, then OPEC cut the prices to the point we abandoned our alternative energy efforts. I think even if they cut the prices this time the alternative energy technology has progressed to the point that there will be enough people demanding it, no matter how cheap gas may get. The American public has had enough of OPEC playing with us like this. Plus with our economy like this the price of imported fuel is just making our economy worse. I believe (and pray) $4/gal gas has put the final nail in OPEC's coffin and their stranglehold on us.
If we produce more within our borders then we buy less oil from OPEC. We get some hydrogen, ethanol, and electric vehicles on the roads, that's even less that we have to buy from them. Then work on nuclear, coal, wind, solar, and hydroelectric and that's even less we buy from them. Personally I would buy E85 and run it in my truck, but its not available in my area.
-Jay