Kaizen: America's oil crisis
Crisis is simply an opportunity for innovationTonight CNBC will host a segment, America's Oil Crisis, a name that I find a little funny. I don't see today's oil situation as a crisis, but rather an opportunity for change. America needs a real energy policy.
Ultimately, cheap oil has retarded American innovation. We've been fat, dumb and happy gas-guzzlers. Yet that cheap oil has only been possible because of diplomatic collusion with dictators and other repressive regimes. Likewise, while oil has been cheap, the US has never added the cost of military protection of oil to pump prices - we pay that cost in taxes and wars.
The other day a venture capitalist was on CNBC discussing the significant amount of capital that is pouring into energy efficient solutions, such as solar power, alternative fuels, transportation, etc. He noted, however, that a big drop in oil prices would significantly reduce this capital. Now that would be a real crisis.
Labels: Foreign Oil Dependency
posted by Dahcredyns at
8:45 AM
4 Comments:
Actually I calculated that we roughly pay about $8.5 per gallon given just adding war costs...
40% of every tax dollar I paid last year went to war...we paid around $40K in taxes last year...so $16K for the war. Let's say only 50% of that goes to acquiring fuel for cars. So $8K...I'm being very conservative.
I believe we spend around $70 every ten days on fuel..so that's around $2600 per year. At an average of $3.80 per gallon, we use 684 gallons per year.
Add what we spend to our tax bill and we get $10,600 and divide that by our fuel usage, we get around $16 per gallon.
And you wonder why the oil companies are so rich...with all the contracts and kickbacks they give and get from the military, corps, government....what a freaking joke.
Sorry I mean $16 per gallon...
oil companies are making a ton of money. so too are shareholders and many public service pensions off of that oil - not to mention quite a few politicians.
still, that's why i want high oil prices, it is breeding unprecedented investment into clean energy technologies - clean technologies that can help end this "freaking joke."
Great picture.. By the way who made that kind of car? Is that already available in the market? Also it auto parts?
Great invention...
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