Do you think this will lower the price of gas?

[ORIGLS6]

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There is some right, and some wrong on both sides of the energy debate, but Picken's reference to the greatest shift of wealth is correct. Without a comprehensive balanced energy plan, we will jepordize our national security, and become not much more than a third world nation, goverened not by the people, but by unregulated commodity speculators, and mega corporations.

[/ QUOTE ]

We're damned close to that now.

[kwhizz]

For Amusement "Only"........LOL


https://www.youtube.com/watch?v=miXAZj-tcGI

https://www.youtube.com/watch?v=xxgV78vpNDk

[hvychev]

I have not read every post in this thread, but I wanted to give an update. I live 9 miles from down town Chicago and gas around here is pretty high. I don't go far to work/school and fill my 2003 Crown Victoria up about every two weeks. The last time I got gas it cost me $4.17 per gallon. Today it was $3.99. I believe that 4 weelks ago when I got it was like $4.27? I guess it could go back to that $3.50?

[NovaMob03]

Politics aside...just wait til the major oil companies post their 2nd quarter profits coupled with their excuses as to why they're reaming the American public. Bastards!

[USA1]

I say it doesn't matter what 'type' of energy we use (solar fossil wind hydrogen or whatever)...we are ALL going to pay. All these companies, the new and the old, will take complete advantage of American pockets....period. They aren't going to lower any price.

It amazes me that people and politicians really think that going to an 'alternative' fuel source will help us where it really counts - in our wallet. Nope! Not a chance. It's just not gonna happen. It makes no difference what source we use.

[tirebird]

Don't forget that those countries owning more than a trillion U.S. dollars of our debt, China and India, are keeping the price of oil high by subsidizing the price back home. Both China and India subsidize gasoline and diesel prices to keep their economies producing all the computer software and hardware, toys, electronics, etc., etc.that we buy here. The price of gasoline in those nations is roughly $2.50/gallon, with the government picking up the balance. If they stopped the subsidies, the price would go equal what the rest of the world is paying and the consumption would drop. That would drop the price of gas here. These subsidies prevent the price of oil from falling because demand is increasing in China and India.

[tirebird]

One other note, the high price of oil will bring about more exploration and more production, including shale oil from Canada and the oil sands of our West. But it will also bring about more innovation, something that makes America strong. Take a look at this video and you'll see that there is a positive side of the high price of oil. Here is just one company that can use algae to make any kind of fuel you want; gasoline, diesel, jet fuel, etc. The main scientist claims, as you'll see, that the process can supply the entire energy needs of the nation by using farms on 1/10th the area of New Mexico.

http://cc.pubco.net/www.valcent.net/...gro/index.html