Here are some interesting things to think about when getting into your car to fill up your tank at the local gas dispenser. Believe it or not we are not alone on this planet. There are actually more people using gasoline in this small world than we do and will use a lot more then we do in the future.
What it comes down to is, who will get to the supply first and who will control it. The United States has a huge supply just waiting to released but our government has decided, we the people, can't have it. The government has decided it is better for us to have out lives flushed down the toilet as we watch our economy being crushed under ever increasing gas prices.
The Chinese are going to drill off our coast along with the Cubans, but we can't - common sense on our part? And we are going to sue the Chinese if they have an oil spill that wreaks havoc on our coast? Fat chance!
Every aspect of our lives is effected by fossil fuel. Alternatives are years in the future and no matter how much the eco-fascists demand that we suffer until the alternatives can be developed, oil is the only way we can move forward as a nation. There is no other way for the foreseeable future. To believe other wise is only fantasy.
Get on the tube or dial the number of your representative now and demand they release our oil supplies as President Bush has wanted them to for mant years now. The President can't do it - only congress can.
And just guess who is standing in the way and has for years? That's right, the liberals Marxist socialists, the Democrats, and their eco-fascist pals.
Drill now - Drill here - lower gas prices - keep the faith, the battle is starting to turn our way.
June 19, 2008 ( from Agoara Financial's 5 min forecast) [I have deleted some items that do not pretain to the topic of energy]
Americans are driving less these days - it is the biggest reduction since gas shortage scare of 1979 . Gas prices remain at records highs.
Also how fuel costs are about to damage the U.S. education system.
Two booming Chinese industries, in spite of the crashing Shanghai Composite
CEOs, CFOs and the world's best fund manager say credit crunch is far from over.
Americans have cut back driving by over 30 billion miles, reports the Federal Highway Administration. From November 2007-April 2008, FHWA's latest data show total miles traveled declined 1%, or around 30 billion miles, from the same time in 2006-2007. Such a drop is the biggest since 1979, when the Iranian revolution spurred a U.S. gas shortage.
Put another way, drivers are moving about at the same rate as in 2005, when 8 million fewer people lived in the U.S.
"[Previously], people might change their pattern for a short period of time," says Mary Peters, secretary of transportation, "but it almost always bounced back very quickly. We're not seeing that now."
And we wouldn't expect it anytime soon. The average gas price from November-April was around $3.30 a gallon.
The national average gas price remains the same this morning: $4.07 , a cent from its all-time high. Diesel remains at its record high, or $4.79 a gallon, up 68%, or $1.90, from this time last year.
Even those not old enough to drive are about to get hurt by high gas prices.
Around 475,000 diesel-running school buses transport 25 million children to school every day in the U.S., says The Wall Street Journal today. According to the American School Bus Council, those half million buses drive around 4.3 billion miles a year.
At today's prices, schools are set to spend $2 billion on fueling busses this year, a $600 million increase from 2007.
Meanwhile, the market for Chinese SUVs is thriving. Sales of SUVs were up 40% in the first four months of this year, double the growth rate of the Chinese market for normal cars.
There's even an odd 'gray market' for Hummers sprouting, while GM officially has no Hummer dealers in China, the FT reports 15 dealerships in Beijing alone are selling the things. Some manufacturers are quickly designing spinoffs, like Dongfeng Auto's cleverly named HanMa.
"As a boy, I always dreamt of owning a big car," a Hummer-driving Chinese real estate executive told the FT. "There are plenty of other sources of pollution than cars, and life is short, so we should enjoy ourselves, anyway."
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