BenDoubleCrossed

Who's Really to Blame for High Gas Prices?

FOREIGN WARS OR DOMESTIC OIL

If the US Government spent a trillion dollars over 8 years on domestic oil production from known reserves in the Gulf of Mexico, the Continental Shelf and coal gasification instead of War in Iraq gas would be $2 a gallon or less. America could quit sending billions to countries that sponsor terrorism. And reducing our trade imbalance keeps jobs in America. Every billion of trade deficit costs 13,000 jobs. $400 billion for oil last year: do the math.

America has 1/4th the coal on planet earth. South Africa is producing 300,000 barrels of gas and diesel a day from coal. And synthetic fuel from coal is cleaner burning than gas. And it can be produced cheaper than from $100+ a barrel crude oil.

Harness your anger at the pump. Call you're US Senators and demand domestic production in this decade. If you don’t raise your voice the oil companies and politicians will assume you are ready to pay even more.

The country's $9.4 trillion debt stemming from the war in Iraq weakened the value of the dollar, Hinchey said.