My write-up about todays economy

[Mississippi Steve]

^^^^^^ okay, your amazing.
Whats you answer to this question.
Why are people not doing anything? or should i say company's or Government not doing anything?

would slowing down the Doller printing do anything?

The government has no incentive to *DO* anything because they are getting 30 cents on the dollar for every gallon sold. The higher the price, the more money they get in taxes. People won't give up their gas guzzlers because its a status thing.

I don't know if you watch the stock market or pay attention to you local economy, but printing more money just takes us in the oposite direction...it makes the value of the dollar less, not more.

[Mississippi Steve]

Maybe the great oil companies doesnt want to lower their prices... and also doesnt want any new technology that can free people from the oil dependency... and surely they have a far greater influence over the government than any citizen... or even than all the citizens...

Its all about power and corruption. the oil cartels and oil companies have created the worlds largest and most powerful monoply. The last time that was tried, it was Standard Oil... and that got busted up before they got out of hand like it is now.

Just a word of advice... if you have *ANY* debt, pay it off....when the economy crashes, don't get caught holding the bag. Credit is a good thing when its used properly, but if you have big balances on a bunch of credit cards, car notes, etc. and the bottom drops out?? you will stand to lose everything you got other than the clothes on your back. Do a little research on the marker crash of '28

[Iyaman]

Ya it's the oil companies alright. Its all about the money and they are paying off people in higher places to prevent development of new technologies and use of existing ones like hydrogen power for example.
I think the world needs an energy revolution, in South Africa (where I live) especialy we are undergoing an energy crisis. There isn't enough power to supply the demand in our country yet we are giving a lot of it to our neighbouring lands for, here comes the word, MONEY. The world needs to start looking at energy sources that take advantage of geographical positioning. For example in South Africa we have huge areas of baron desert which could be filled with fields of solar panels, we also have crazy oceans and we could take advantage of wave energy but now they are rather looking at installing new coal power staions and more nucleur power stations. Its just craziness.
And if the world could just start converting to bio fuels it would drastically decrease the efeect on our atmosphere. Its crazy to think that you can actualy avoid the rising fuel costs by even converting old cooking oil.

[Mr. Clandestine]

Two words: ethanol refineries.

Producing the refineries would produce local jobs, maintaining the refineries would sustain local jobs, and active development in these refineries would encourage investment in an unsaturated ethanol market. One way or another, we're eventually going to need to stop relying on foreign markets for our oil needs.

Either more money needs to be spent on ethanol production and technology, or we're going to need to start tapping into some of our reserves. Until people quit whining about the damage drilling would do, we're going to need to find a better alternative to crude oil. With the price per barrel being what it is, I'm surprised we haven't seen more thought going into this...

[Mississippi Steve]

Two words: ethanol refineries.

Producing the refineries would produce local jobs, maintaining the refineries would sustain local jobs, and active development in these refineries would encourage investment in an unsaturated ethanol market. One way or another, we're eventually going to need to stop relying on foreign markets for our oil needs.

Either more money needs to be spent on ethanol production and technology, or we're going to need to start tapping into some of our reserves. Until people quit whining about the damage drilling would do, we're going to need to find a better alternative to crude oil. With the price per barrel being what it is, I'm surprised we haven't seen more thought going into this...

Everybody knew about this in the 70s, yet nobody *DID* anything about it. Gasohol was readily available then and I bought it instead of regular gas. The folks in power are just now starting to figure out what I been saying for years...Use the old military air bases to build new refineries on....the infrastructure is already in place....you don't think they are gonna haul millions of gallons of jet fuel to those bases by truck do you?? It will also take those bases off the EPA Superfund Clean-up list and save the taxpayers hundreds of millions of dollars. The folks in the surrounding areas didn't have a problem with the conventional, biological, nuclear, and chemical weapons that were stored there, so why would they have a problem with a refinery?? The new refineries would also bring back a lot of the money and jobs that were lost when the bases were shut down. Its all good.

As far as the oil, there are 10s of thousands of wells in the gulf oil patch that are simply capped off because it wasn't "profitable" to use them when oil was $30/barrel. Then there are the northern slope fields that the tree huggers have their panties in a wad over, yet they still drive their SUVs.

I dunno...the solutions are out there, and have been for many years...the only thing thats stopping it, is the oil companies greed.

[Mr. Clandestine]

Then there are the northern slope fields that the tree huggers have their panties in a wad over, yet they still drive their SUVs.

Those are exactly the "whiners" I was referring to, and you summed up a nice part of their hypocrisy perfectly. There's no reason we shouldn't be tapping into those reserves, as well as building the much needed off-shore rigs in the Gulf and elsewhere. If we're not going to get weaned off oil coming from the Middle East, then we should be focusing on the barrels that are right in our back yard. I find it amazing that so many can get all riled up over the price of gas, but scoff at the idea of trading the SUVs in for more economical vehicles. I used to drive a Yukon, until the price to fuel it up every month started to resemble my house note.

I dunno...the solutions are out there, and have been for many years...the only thing thats stopping it, is the oil companies greed.

Very nicely worded, and painfully true.