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The Energy Information Administration (EIA) released their numbers today. Crude went up slightly and everything else went down. The problem was credited to the lack of operational refineries tied to the hurricane. The problem still lies at the feet of the oil companies and the administration. How in the name of heaven can the oil companies be getting record profits, the economy is in the tank, AND...the oil companies get huge tax breaks and subsidies from the federal government for development?
What kind of CORRUPT administration continues to hand out to corporations that continue to break tbe back of the U.S. economy and the rest of the world. These people think the American economy can take it but it can't. The economy is a fragile eco-system as it is.
Some argue that environmental restrictions are too tough. The oil companies argue that can't afford the environmental changes. Others argue we could use the crude in the U.S. if we didn't have so many environmental restrictions. Why not, just one time, can't these damnable oil corporations take a little bit of a hit? Why can't the do the work it would take to develop cleaner burning fuel?
The point is American and the world desperately needs a new source of energy. I don't mean digging for oil in ANWAR either. I mean something altogether different, whether it's methane from livestock or hydrogen powered cars or what. The hybrids only solve part of the problem. Sure they're great and they'll help some in the short term but for the long haul, we need a new source of fuel that is CHEAP and accessible.
posted by Stithmeister @ 11:38 PM
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THat they say they can't afford it while reaping record profits says a lot. The best thing of this is that there are enough people lookinfg for alternatives now that we might actually find some. Biodiesel/Ethanol has potential as well as some other lesser options. A Biodiesel/ Hybrid with a charge option for it's electrical system has lots of potential. There are LOTS of theings out there..
I'll plug a favorite site of mine if I may, for those that might care:
Now, if only we can do somethimg before it's too late for the enviroment. I admit I like penguins, but have no desire to have to move to Antarctica to escape the heat.
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There are two companies that are modifying the Toyota Prius to make it battery chargeable. It gets up to 200 mpg when modified. They are taking orders and will begin offering this service to everyone next year, I believe. Of course now I can't remember the names of the companies, but both have websites.
Corrupt, corrupt, corrupt. That's all I have to say about oil companies and this administration.
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I'm currently working in the telecomm industry but one of my passions is still politics.
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