Gasoline prices
I looked up at the ol' clock on the wall and saw that it's time for another political rant. So ...
Boy, gas prices are high. And they're only going to go higher, but it won't be because someone is manipulating the price. It's all supply and demand. I heard on the news the other day that China and India are now using as much oil in a day as the whole world was using per day 10 years ago. That's a lot of pressure on the supply. So in my mind the country needs a two-pronged strategy.
In this I give President W credit, because he's the only elected official I've heard who seems to get it. Republicans consistently want to open up more oil drilling and development in this country, and don't go beyond that. Democrats want to throw all the oil overboard (figuratively) and rely on the benificence of the sun and wind, never mind that it won't work. What we need is short-term solution to protect us while we pursue long-term solution. As I understand, this is the essence of what Bush said in his state of the union this year.
If we could tone down the politics a little, increase our domestic drilling and build a couple more refineries, then at the same time work on hydrogen, clean nuclear and other viable options, in 10-20 years we could be energy independent and not be subject to wild swings in energy costs.
BTW, next time you hear someone rail at the oil companies, just think to yourself, "Self, just who are the oil companies?" They are thousands of employees and millions of investors, people just like you. If they can prosper within the constraints of law, then more power to 'em.
Boy, gas prices are high. And they're only going to go higher, but it won't be because someone is manipulating the price. It's all supply and demand. I heard on the news the other day that China and India are now using as much oil in a day as the whole world was using per day 10 years ago. That's a lot of pressure on the supply. So in my mind the country needs a two-pronged strategy.
In this I give President W credit, because he's the only elected official I've heard who seems to get it. Republicans consistently want to open up more oil drilling and development in this country, and don't go beyond that. Democrats want to throw all the oil overboard (figuratively) and rely on the benificence of the sun and wind, never mind that it won't work. What we need is short-term solution to protect us while we pursue long-term solution. As I understand, this is the essence of what Bush said in his state of the union this year.
If we could tone down the politics a little, increase our domestic drilling and build a couple more refineries, then at the same time work on hydrogen, clean nuclear and other viable options, in 10-20 years we could be energy independent and not be subject to wild swings in energy costs.
BTW, next time you hear someone rail at the oil companies, just think to yourself, "Self, just who are the oil companies?" They are thousands of employees and millions of investors, people just like you. If they can prosper within the constraints of law, then more power to 'em.
posted by Crrrrrrraig | 1:25 PM
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