Time to Declare War on Foreign Oil Dependency?
I think America is at War, a war that most Americans refuse to acknowledge, and the fight for independence from foreign oil dependency is shaping up to be the most important war America has ever fought.Former CIA Director R. James Woolsey has become a huge advocate for ending America's foreign oil dependency, and he is very outspoken about the dangers of America's oil addiction.
"If you want to see who's paying for all that [extremism and terrorism], next time you pull in to fill up, turn the rearview mirror a little bit so you can look at yourself for a minute as you get out with your credit card," Woolsey said during a meeting with reporters and editors of the Pittsburgh Tribune-Review.
Yet, Americans don't really think about that - to our direct connection to extremism and terrorism - instead we think about how expensive is $3.00 oil. Sadly, $3.00 oil is nothing compared to what could happen.
Aside from the problems in Iran, Nigeria, Venezuela, aside from hurricanes, aside from rapidly growing oil demand in China and India, an attack on Saudi oil refineries could have an even greater impact on gasoline prices.
How bad?
Today oil is at $70.00 per barrel, but if Saudi oil refineries were damaged - not destroyed - oil could easily climb to over $150.00 per barrel. Add intensified problems with Iran, or another major hurricane and who knows how high oil prices could climb.
What would a year of $7.00 gasoline do for the American economy? How high would $7.00 gas push the cost of groceries and other commodities? How would $7.00 gas help your commute?
What We Can Do
Fighting this war isn't a battle between ethanol versus biodiesel, or clean diesel cars versus hybrid cars. All of these technologies and alternative fuels MUST be utilized. Conservation MUST be utilized.
While politicians can blame one another, and citizens can blame politicians, automakers and the drivers of gas-guzzlers, blame will not win the war. While many in Congress blame other members, or the President, how many members regularly drive a hybrid car, fill up with ethanol or biodiesel, or maybe even walk a little more? Not very many according to recent reports. What about citizens?
Ultimately, little can be done in the short term to fix gas prices or to reduce foreign oil dependency. Today, average citizens must try to conserve, buy hybrid cars, use ethanol where available, or give bio-diesel a try. Moreover, we have to think about the future. We must make Congress and the President create more tax incentives for clean automobiles and clean fuels, not for Hummers and for oil companies.
Finally, we need to let automakers and politicians know that if they can't, or won't, help us fight this war, we'll find alternatives to them.
Join our campaign to make Congress Act.
Labels: clean diesel, Congress, energy independence, Ethanol, Foreign Oil Dependency, Hybrid Vehicles, india



1 Comments:
I like your suggestions but I have one more. Invest in Hybrid technology. It is very high risk.
The ones that don't belly up will be very profitable. I am invested in MXWL,enov.OB and AZD.TO
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