Gas Prices will be over $4.00
#46
Lexus Fanatic
The ONLY way we are going to get out of this mess, until the auto industry and the infrastructure is ready for alternate-fuel vehicles, is to produce MORE oil and MORE gas here at home. And if that means drilling in more places....so be it.
But, ultimately, in the end, even THAT will not be the permanent solution. No matter how much we, and other countries, drill and produce, the fact is that the world supply of crude is limited, and sooner or later, we will have to develop alternate fuels.
Last edited by mmarshall; 02-28-08 at 04:50 PM.
#47
Lexus Champion
iTrader: (14)
The ONLY way we are going to get out of this mess, until the auto industry and the infrastructure is ready for alternate-fuel vehicles, is to produce MORE oil and MORE gas here at home. And if that means drilling in more places....so be it.
But, ultimately, in the end, even THAT will not be the permanent solution. No matter how much we, and other countries, drill and produce, the fact is that the world supply of crude is limited, and sooner or later, we will have to develop alternate fuels.
But, ultimately, in the end, even THAT will not be the permanent solution. No matter how much we, and other countries, drill and produce, the fact is that the world supply of crude is limited, and sooner or later, we will have to develop alternate fuels.
#49
Tech Info Resource
iTrader: (2)
The Saudis must be laughing at us...
#50
I don't see why we haven't started spending more money on infrastructure and more convenient public transit system. Most if not all great cities in the world have it except here in the US. Highly populated areas like Los Angeles have the sorriest excuse for a public transit system I have ever seen. We rely too much on driving and are now paying the price.
#51
Tech Info Resource
iTrader: (2)
Firestone and GM killed public transit in LA a very long time ago by purchasing the trolley system and running it into the ground. It never recovered.
When was the last time you considered riding the bus instead of driving your Lexus?
In the 1930s and '40s, General Motors, the Firestone Tire Company, Mack Truck, Phillips Petroleum, and Standard Oil of California--all operating through a front company called National City Lines (NCL)--bought up dozens of local mass-transit systems that were operating the popular electric streetcars. Their plan was to control virtually all the leading mass-transit systems in America, and replace electric trolleys with smoky, gas-guzzling buses. In many cases, these trolley transit companies had previously been financially looted by their financier owners and fallen into disrepair, which only made them easier targets for acquisition. Once NCL purchased the trolley lines with "borrowed" money from GM and others, the tracks were torn up and the trolleys sold or destroyed, replaced by petroleum-powered GM buses running on tires and oil supplied by the NCL companies.
NCL started with small cities in Illinois and Texas. Within several years, the company managed to devastate or destroy the trolley systems in some 40 cities, including Baltimore, Tampa, Los Angeles, Oakland, and Salt Lake City. Then, in the years that followed, the badly managed NCL bus companies disappeared as well, leaving no mass transit and, in many cases, no alternative means of transportation other than individual automobiles.
More info from Wikipedia with the opposing view's opinion.
NCL started with small cities in Illinois and Texas. Within several years, the company managed to devastate or destroy the trolley systems in some 40 cities, including Baltimore, Tampa, Los Angeles, Oakland, and Salt Lake City. Then, in the years that followed, the badly managed NCL bus companies disappeared as well, leaving no mass transit and, in many cases, no alternative means of transportation other than individual automobiles.
More info from Wikipedia with the opposing view's opinion.
Last edited by lobuxracer; 02-28-08 at 08:49 PM.
#54
Lexus Champion
i would definitely ride a bus or train to work if i had that option. living out in the country 24 miles from work in the city doesn't work too well though...
#55
Lexus Champion
You can't really "fix" the price of oil. There are too many variables, and supply/demand, in the end, usually wins out. The problem is, that since the early 1970's, both supply and demand have been highly unstable.....up one day, down the next.....so we just haven't seen much stability in prices. This has been made worsre by the fact that here in the U.S. we cannot control the supply because so much of it comes from abroad...and unstable countries.
The ONLY way we are going to get out of this mess, until the auto industry and the infrastructure is ready for alternate-fuel vehicles, is to produce MORE oil and MORE gas here at home. And if that means drilling in more places....so be it.
But, ultimately, in the end, even THAT will not be the permanent solution. No matter how much we, and other countries, drill and produce, the fact is that the world supply of crude is limited, and sooner or later, we will have to develop alternate fuels.
The ONLY way we are going to get out of this mess, until the auto industry and the infrastructure is ready for alternate-fuel vehicles, is to produce MORE oil and MORE gas here at home. And if that means drilling in more places....so be it.
But, ultimately, in the end, even THAT will not be the permanent solution. No matter how much we, and other countries, drill and produce, the fact is that the world supply of crude is limited, and sooner or later, we will have to develop alternate fuels.
I was pointing out the intentional control of supply by OPEC being a felony in most western nations.
I do agree drilling for what we have available is a must, but deliberate output/production fixing by a group of companies is unlawful and spikes prices.
#56
Lexus Champion
iTrader: (14)
I don't see why we haven't started spending more money on infrastructure and more convenient public transit system. Most if not all great cities in the world have it except here in the US. Highly populated areas like Los Angeles have the sorriest excuse for a public transit system I have ever seen. We rely too much on driving and are now paying the price.
#60
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Join Date: May 2003
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A couple of months ago I had heard speculation that gas would return to near $4/gal level this summer. But it really doesn't look like it's happening. Gas has crept up only slightly in the last couple of months.