commoinsense1211

My Thoughts on Oil

agree but Mexico or Russia? either way it's not revenue in the us. end of story. Clean coal and ethanol, forget about it. unfortunatley we're not moving on any of the fronts we should be. It will take a much bigger shakeup than what we witnessed with 140 dollar oil to get people to focus. natural gas, elextric, nuclear and more efficient public transporation (i.e. mag lev rail etc..) need to be explored and moved on soon.


On Jun 02 08:42 AM SSALarry wrote:

> An excellent article and I agree on all points. We have had two
> energy bills in the last five years, which were nothing more than
> payoffs to lobbyists and campaign donors. Ethanol is a terrible
> idea that saves almost no energy, and costs the taxpayers a lot in
> subsidies.
>
> I have nothing against clean coal as I believe we should be moving
> forward on all energy fronts, but electric cars and an infrastructure
> to support it are years away. Natural gas for transportation seems
> to me, to be a quicker and easier solution.
>
> I would caution on one point, it is popular to say we import oil
> from countries that don't like us. However, we import the majority
> of our crude oil from Canada and Mexico, which I would consider allies..
> Venezuela and Saudia Arabia also supply a large amount of crude,
> however, we get very little from Russia and even less (maybe nothing,
> I'm not sure) from Iran. So I think it is a bit too simplistic to
> say all our money is going to countries that hate us and our choice
> is to use the bad guys oil or use our own energy.
>
> However, that is a small point, I enjoyed reading the article as
> I do all the authors posts, and agree with his overall sentiment.