As the rich trade in their SUVs for hybrids, the car lots overflow with them. Soon, being cheap and plentiful these are the only vehicles the poor can afford. But can they afford to put gas in them.
The rest of us need to choose:
FOREIGN WARS OR DOMESTIC OIL
A rapidly devaluing dollar, aggravated by the cost of the War in Iraq, contributes to recent rapid increases in the price of gas. And if the trillion plus dollars the US spent fighting that war had been invested in a Manhattan like project to produce oil from known reserves in the Gulf of Mexico, the Continental shelf and synthetic diesel/gas from America’s abundant coal fields, gas would be $2 a gallon or less.
And reducing trade deficits keeps jobs in America. Every billion of trade deficit costs 13,000 jobs. $400 billion for oil last year: do the math.
Plus declaring American energy independence is the neighborly thing to do. It would place downward pressure on world oil prices by making more OPEC oil available for the UK, France, Japan, Turkey, etc.
Harness your anger at the pump. Call Congress and demand domestic production in this decade. Raise your voice or the oil companies and politicians will assume you are ready to pay even more.
BenDoubleCrossed of FL @ Jun 05, 2008 12:51:38 PM
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