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  • Oil Shocks, and What They Hold for the US Economy [View article]
    My opinion is contrary to (apparently) everyone else. I think we should:

    (1) Impose an escalating gas tax. Pick a number 3 cents a gallon and increase it monthly until we are on par with Europe.

    (2) Use the income to generate green power (a la T Boone Pickens)

    (3) Accept the fact that this will hurt some people and companies immediately, but understand that ultimately, this will force our country into energy savings.

    (4) Do not drill in Anwar or off the coast. I do understand that we have a credit card' mentality. I.e. "I can't be out of money, I still have checks!". When you're in the desert, you don't have a bath with your last canteen of water. Doesn't it make sense to save our oil for when it really matters? What do we do in 20 years when Saudi Arabia, Russia and Mexico have depleted their supplies? Wouldn't it be kinda nice to be the creditor then, rather than the debtor?

    Thx jegan ;-)
    Jul 21 12:07 pm |Rating: 0 0
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