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$3.579 a gallon here today.
I am on the fence on the solutions. The problem with drilling for more is it will encourage waste, by making prices lower. The other side of that coin is we keep the money in circulation in the US and out of the hands of enemies. Either one by itself stands alone as a huge benefit. I say drill, because it may just happen that in the future it will not be worth anything near what it is worth today. At the same time I say promote research into real alternatives, both short term and long term. We have spent 20 billion on fuel cell research and we are still chasing that ideal like Mel Gibson on the horse with the bucket of water. I say make them use smaller engines by taxing them like the Japanese. Anything over 2 liters and you start paying out the Kazoo. And don't tell gayle banks a 2 liter engine cant pull diddily. I say make aero and fuel mileage a requirement, with specific yearly parameters. Super high economy designs should be given some leeway on emissions (not much) in order for technology to refine a design without its efficiency being abandoned prematurely. I say it's about damn time we actually had some car people involved in this process. You know people who actually like cars, and buy their own gas as well as drive themselves around in something besides the largest vehicle owned by any individual on the planet. I say focus significant funding on carbon free sources of energy, and especially battery development, as well as hydraulic hybrid powertrains. Hydro, solar, wind, tides, are all forms of solar and lunar power recovery. I am not against nuclear (live 15 miles form a plant), but I like the fusion reactor thats 93 million miles away that recycles its own waste, at least for a few billion more years, we hope. I say unlock the ingenuity of the little people. Having been one for many years, I know how hard it is to promote new ideas. This should be accomplished much more efficiently that it is today. Like a permanent American Inventor contest with real monetary prizes, in every field of energy efficient transportation. I say look at everything without committing to any predetermined pathway to the final vehicle we might drive in 50 years. Too many people are committed to specific pathways to the exclusion of other pathways that may be better in the near term. Fix it quickly, Fix it right damn now, and then use that fix as the yardstick to measure further improvements, refinements, and dramatic changes, while focusing on the real goals which are economy and minimal environmental impact, in that order of priority. regards gary |
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And wind, solar, coal, tidal, nuclear, etc - the answer should be all of the above. No energy - no food. Ross |
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The reality is that most people still drive far more and in larger less efficient vehicles for no other reason than because they can afford it. Unfortunately the demand of those who can afford it will always continue to affect supply and pricing in ways that squeeze those with lower incomes. Drilling for more oil will not solve that. We absolutely cannot produce enough oil to catch up with demand - and never will without drastic changes in how much oil we use.
The effect of higher oil prices no doubt trickles down to raise prices on all consumeable goods, but investing the same money in alternatives that would otherwise be invested in drilling can provide far greater energy returns in the long run. The problem is that the oil companies don't have a lock on solar, wind, and hydro generation, so compared to the profit margins of oil, they have no real interest in it and their investment history strongly supports that, with BP being the only oil company that appears to be hedging their bets with photovoltaic production. Hence, they continue to cajole money minded politicians into the 'Drill here! Drill Now!' philosophy. Yet where are the higher fuel economy standards that would truly mitigate this problem to a far greater degree? (The most recent legislation didn't go nearly far enough to impact demand.) Where are the incentives for passive solar design in building construction? (Cutting heating and air conditioning energy consumption in half would be a good start wouldn't it?) Where are the incentives for solar water heating systems? (An order of magnitude more efficient than photovoltaics and a fraction of the cost.) The fact is: Any politician who talks about more drilling without talking about providing real backing to alternative conservation strategies is simply blowing smoke up our asses for the now not-so-mighty dollar. We do not NEED more energy if we make more efficient use of the energy we already have. |
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Actually, it was in 1971 that Nixon imposed price (and wage) controls. It was on everything, not just gasoline. It was an attempt to dampen inflation, which was running at an incredible 4%. It had peaked at an astounding 6% the previous year. The gasoline shortages and gas lines in '74 were due to the Arab oil embargo, brought on by Israel's victory in the Yom Kippur war of October, 1973. The Arab (not Iran) countries brought the embargo against the U.S. due to our support of Israel. I don't think we've learned anything... |
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