Quote:
Originally Posted by Robbie
I think you guys are right. Let's just leave all this oil and gas in the ground and see if we can come up with something new. In the meantime let's watch what happens when the cost of food goes through the roof as transporting it becomes more and more expensive with the price of fuel going up.
Talk about a tax on the middle class...
Or we could read this news report from May 2012 talking about the fact that oil companies have now made GIANT discoveries of oil right here in the U.S. that could make us energy independent and have no need to import oil.
http://www.usatoday.com/money/indust...NCE/54977254/1
Effectively buying us plenty of time to develop new technologies in green energy without having to make it so expensive to fill the tank for lower and middle class Americans (rich people don't care if it costs $100 to fill the tank)
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Great idea. Leave it in the ground for now and run the US on foreigners oil. When they have been depleted, become the majors world oil supplier.
Far better than drill everywhere and running the US on it's own oil and running out. The price dropping is a myth. It's not in the oil companies interests to go around drilling everywhere to supply you with cheap oil. For them it's better to get more money for the same production, than the same money for more production.
You seem to be complaining about prices a lot recently. As you're rich I wonder why. If you truly want to cut your fuel bill, buy a smaller car, get a bike for short trips, or one of these
http://www.fueleconomy.gov/feg/best-worst.shtml and your gas bill will plummet. Much faster than any saving at the pumps. And if more Americans drove these cars, fuel imports will drop like a stone.
As for food prices. How about the Government taxes you more so they can give the farmers more in the grants. Or really hit farmers with huge fines for employing illegal labour so they have to employ US citizens and pass the cost onto you. I hear about the immigrant problem from a lot of posters here.
As the OP says. They can drill and drill, the price isn't going down much on a barrel and cents at the pump. You need to find new ways to save money.
Here's more ideas.
http://michaelbluejay.com/electricity/solar.html
http://www.scientificamerican.com/ar...-a-box-sunfish
http://www.siliconsolar.com/diy-solar-panel-kits.html
You live in the desert, the sun hardly stops shining. For a few $100s you could cut your electricity bill. Which it seems is your prime interest today.