ripskii

My Thoughts on Oil

An excellent description of our current energy situation that cries out for a rational solution. A comprehensive long term plan is badly needed instead of our usual short term responses to crisis. Nat gas needs to be a major component of any solution because we have an abundanence of it and last time I looked we still had a very large trade deficit, much of it due to the cost of importing 12M barrels of oil daily. As oil prices climb as displayed on the chart this deficit only gets worse. Meanwhile gas prices remain low due to large supply and low demand.

What does it take for the leaders to see the obvious??