
To those of you who think that 2.33 is pretty cheap for gas, well, you're absolutely right. We're getting our asses kicked right now at the pump with 3.75 and climbing everyday. The reason I chose this picture is to illustrate the relativity of our situation with oil imports right now, and that just when we think we've had it bad, it's gonna get worse. Sadly, this is the nature with all addictions, and lets face it, the USA needs oil to function more than Dean Martin needed a stiff drink before performing. However, there is a silver lining in all of this, after all, the Chinese use the same symbol for crisis as they do opportunity, and we have an awesome opportunity in front of us right now. The great thing about this country is we've always been able to adapt, its in our very fabric, and as gas prices go up, while it sucks for the moment, we have no choice but to become smarter, better consumers, use that badass mechanism we call market forces and eventually get off of this insipid substance forever. Don't believe me? Go to Honda and BMW's websites, they don't just have hybrid models (thats become old school at this point), they're already making a fuel cell powered car. Hydrogen and Oxygen meshing to make a well performing car that produces Water. Thats right, H20-no gasoline, no emissions. So while I know this is a huge pain (I've been driving a 13 mpg truck, so I know), anyone who has ever had a friend or family member battle an addiction, you're aware of how painful this process can be, but eventually we are all going to be better for it in the end.
Just a little FYI on why the prices have skyrocketed lately, here are a few common misconceptions:
Oil Companies are Greedy-Baloney, they all get their oil from the same cartel as everyone else, thats like blaming the water company for rationing during a drought.
There is a shortage of oil-Moronic, Brazil just discovered huge oil and gas fields off of its coast, we here in the US just found a boat load in the Dakotas (not to mention ANWR), the level of oil available hasn't changed. Not to mention, the US gets the largest amount of oil from Canada, then from Mexico, and then finally Saudi Arabia. Oh, and we're one of the top 8 PRODUCERS of oil on the planet.
Corn based ethanol is the answer-Pie in the sky. I supported this idea last year thinking that our massive subsidies we afford our farmers would be able to cover the cost, but I was flat wrong. All that has happened is we have increased the cost of food and now poor people across the world are suffering. Dead end.
The most influential causes for this massive increase in the price of gas have been affected by two main factors. First, the dollar has been the number 1 currency on the international market for decades. As the US govt. has lowered interest rates to help the economy, that makes the dollar more available, lowering its value, and thus people stop trading in dollars in order to switch to commodities, like oil, thus causing speculators to bet the price of oil is going to jump in the future.
The second has a more tangible explanation: Democrats are idiots. Ok, so its not completely that simple, but they haven't been part of the solution either. When one party refuses to allow any offshore drilling for oil in its own country, or in Alaska, refuses to allow the U.S. to build any more refineries and thus enabling our capacity to increase (remember, plenty of oil is out there), puts its foot down on not allowing any more nuclear reactors to be built, and of course, halts the production of clean coal technology.....well, we're sort of running out of options. Capitalism and the market work best when you have options, and the Democratic party influenced heavily by its nearly fanatic green base have taken a lot away from us.
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