Responsibility

The U.S. Dollar and Oil: Is an Endgame Near?

There are so many angry words directed at various things. Could it be that there are many things that need to change?

The facts seem to be reflected in words such as these: " - - -placed ourselves in jeopardy through years of fiscal delusion and self indulgence as policy. The worth and credibility of the US dollar reflects us and our national standards. We are the problem, not our choice of energy."

We over-consume, we indulge in blaming everyone but ourselves, we take advantage of others, we choice to take short term profits for personal gain over the well being of the public, we - - - -

Take for examples:
1. When we can afford, do we engage in excess consumption with no regard to environment, social effects, - - - needs of other who are less fortunate?
2. When we cannot afford, do we restraint from over-borrowing with no regard to responsibility to pay back?
3. When there are various means to solve this energy problem, do we help each other to use these means (gas, coal, nuclear, wind, solar, bio-fuel, - - - ) instead of opposing each other into inactions or costly competitions?

Let's take the first step by ourselves: reduce our energy consumption to a minimum (Believe it. Minimum is the right goal and remember it next time when you fail to car-pool or not take public transportation or turn up the heating or turn down AC or drive tens of miles for eating out or take air flights for distant vacation travels or throw out food or fail to encourage others to reduce their energy consumption or - - - ). Americans remain the top energy consumer on average, by a big margin.

Let's take the second step by educating ourselves and our children in means of energy saving/producing science and technologies, and by working in these industries.

Let's take the third step by not engaging or at least reducing in irresponsible actions: speculative investments in energy wasteful industries, participation in purposeless recreations (e.g. TV, movies, recreation parks, - - sorry that much of these have become meaningless), - - - - .

I sense certain awakening: this article's initial goal is apparently to promote speculative investments in natural gas for personal gains. The readers' responses turn into a debate on fixing the energy problem more than on investments for personal profit.

Could There Actually Be Another Reason Why Oil Prices Are Falling?

There are regulations on utilities, communications, public transportation, - - and even medical care.

Responsible governments should put reasonable regulations on oil, the lack of regulation is because there had not been such needs.

Such needs have been well known by now and appropriate regulations should be expected, like many of the other items mentioned above.

Because of the high entry level for the oil industry, governments have spent lots of resources to safeguard the oil industries, similar to providing something like monopoly for the industry, as for utilities, communications, public transportation, - - - medical care.

These industries are so important that they have often become state owned in many of the supplier countries. Regulations are needed for the industry and for the financial markets related to oil.

Wall Street Breakfast: Must-Know News

To encourage people to be responsible, we should have tax penalty and special points for future loans on load defaulters and tax incentive to people who keep their mortgages, to those who take on new mortgages, and to those who increase their mortgages, similar to tax on big cars and incentives for small/hybrid cars. Please spread this if you agree so that the politicians will do something.