E-85 Conversions?
I don't like the high prices more than anyone else but the day the government steps in and controls any business margins then the American way of capitalism is over. What some people are talking about on here amounts to socialism. Im not Canadian and don't want to be. The enemy here is the tree huggin dirt fuckers that are keeping us from drilling our own oil stateside. There are huge amounts of oil just off the east coast (less than 90 miles!) that our liberal buddies have kept us from touching, meanwhile China is going to town! That's just crazy!
The idea is not to eliminate the need for oil completely, as that's absurd and simply couldn't be done. The idea is to reduce how heavily we rely on oil from the middle east. It IS possible to do, if a country like Brazil can move away from foreign oil, it's certainly within the realm of possibility for us.
That's a great point I hadn't thought about or heard discussed. Our US Dollar is growing increasingly weak. So why don't I see on CNN that the dollar is down, and then the next morning see the pump price change? Makes more sense, but isn't reality. I could definately see the oil companies buying crude from their overseas subsidiaries and it costing more on the books...but that gets back to the 6 weeks comment...
That's a great point I hadn't thought about or heard discussed. Our US Dollar is growing increasingly weak. So why don't I see on CNN that the dollar is down, and then the next morning see the pump price change? Makes more sense, but isn't reality. I could definately see the oil companies buying crude from their overseas subsidiaries and it costing more on the books...but that gets back to the 6 weeks comment...
http://money.cnn.com/2008/06/10/news...ion=2008061015
Hold up; who hasn't heard of the new shelfs being found recently; I think there are something like 5; all of which are massive! There is one in between Colorado and Utah that has 3 times the supply of the Saudi reserve; and yes that is enough oil to supply the US's need for like 50+ years; not to mention what has been found in Brazil; off the Coast of Mexico, Alaska and other regions. We could be totally independant from OPEC by 2020 if we built refineries and started processing our own oil today!
green piece, and ecology groups to keep the USA on the oil spot market nothing will change,
Change has to happen at The highest government level ( do you think that will happen )
When I grew up some sixty years ago , It was a government by the people and for the people NOT by Business for Business.
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