You guys did see the news today that they (BP Oil) is shutting down about half of the Alaska pipe line due to corrosion. I keep hearing that it (the amount of the shutdown) provides about 8% of the fuel for the country.
I tanked up Sunday night on the way home when I heard this on the Drudge report. Sure enough the prices at the stations today went up about 3 to 6 cents.
Face it, big oil will use any excuse to work the price up. I am firmly convinced that we will be paying what Europe pays for fuel in a coulpe of years. You can see the cycle. Work it up till everybody squeeks loudly and then roll it back a touch and let them (us poor guys get used to it) and then start over again and work it up till we squeek again and repeat the cycle.
I would buy an alternative energy car for a commuter, but our goverment does not promote this idea. They talk about it, but they won't fund development for it. I say this because if youl look at other countries, they help fund research and development and are ahead of us in certian areas.
Efficient transportation is an example. Japan's bullet train, Germany's auto-ban freeway, cars that get very high mileage such at the small in town commuter cars they have.
I not grumpin hear to grump, but I would like to see the country just kick the trash can over and develop hydrogen. Would be fairly easy. France has a standardized nuclear power system that provides about 85% of the countries electric power. Tie that to making hydrogen fuel and now you are going to have some competition with big oil. I would love to see this country do something like that.
Then the middle east would be a place we could just forget about instead of having to put up the speculators that are driving the price you and I pay for what in reality has become a necessity to be able to get to work.
Most food (basic food for consumption) not snack food is not taxed, because it supports life. We have an economey that is centered around being able to get back and forth to work, to earn, to pay for the grocries.
The old adage of (If you don't have farmers, everybody starves) kind of applies here. If the price of fuel is so high that we can't afford it, what happens. If you can't afford to get to the job, what happens.
So where is the alternative, how to you come up with enough disposable income to save for retirment when every day, it seems like the oil companies just dig into you deeper, and if you don't pay, guess what, you don't work.
Hmmmmmmmmm, seems like we are getting pretty close to being slave labor.
Food for thought guys. It is all related :-{}