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I am personally sick of bailouts and hearing about gas prices in America. this country has swirled down the drain, and Im certain they will create another bs war before 2012 so the masses will knuckle under and be afraid to protest.
1970s gas lines all over again. NIXON may as well be president. maybe we can re-invent the retail sector again. Jeezus.
Gas prices in the US seem to be doubling every 10 years. Is it a sign the world is running out of oil?
Demand keeps going up while supply declines.
In the 90s it was a dollar something per gallon.
In 2005 gasoline hit $2 per gallon for the first time.
In 2008 the price hit $4 per gallon for the first time.
Prices could reach $5 per gallon sometime within the next two years. And probably keep going up from there.
If upward trend continues, its not a good sign for the world's most oil-dependent economy.
And just a little something to help them out .. Before they open their traps again to tell us how wrong, mis-guided, mis-informed and s-t-o-o-p-i-d we are:
Quote:
Nearly two dozen Democrats led by U.S. Rep. Gene Green of Houston on Wednesday implored President Barack Obama to approve the controversial Keystone XL pipeline that would carry oil sands crude from Canada to southeast Texas refineries.
The project would boost America’s energy security and the U.S. economy, the lawmakers said in a letter to Obama.
“The proposed Keystone XL pipeline represents a true shovel-ready project that would directly create 20,000 high-quality domestic manufacturing and construction jobs for Americans who are desperately seeking employment,” the Democrats wrote.
Secretary of State Hillary Clinton is expected to decide by mid-November whether the 1,700-mile pipeline is in the “national interest,” paving the way for Obama’s final decision on whether to permit the project later this year.
But the question is a major political test for the White House, pitting two of Obama’s core constituencies — organized labor and environmentalists — against each other. Conservationists have cast the choice facing Obama as the biggest environmental dilemma he has faced during three years in the White House and insist his chances of winning another term hang in the balance.
Congressional Republicans have been outspoken in favor of the project, but the Democrats’ letter today underscores there is bipartisan support on Capitol Hill for Keystone XL.
Some of the 22 Democrats behind today’s push are oil-patch lawmakers — including six from Texas who signed on to the letter. But others — such as New York Democratic Reps. Carolyn McCarthy and Bill Owens — don’t have big regional ties to oil refining interests.
Environmental activists, native Americans and religious leaders insist that the 36-inch pipeline would jeopardize drinking water supplies in the nation’s heartland and keep the U.S. dependent on a form of bituminous oil that takes more energy to extract than other fossil fuels.
But some labor unions have argued that approving the pipeline would immediately translate to jobs for the battered construction sector. And oil industry representatives insist that the $7 billion project would bolster America’s energy security, by allowing the U.S. to import more crude from a friendly North American ally instead of the Middle East.
Texas refineries can process about 9 million barrels of oil per day, with heavy oil accounting for about 5 million of those barrels. As Texas-bound crude shipments from Mexico and Venezuela shrink, these American refineries – some owned by the same companies with operations in the oil sands – are running under capacity.[/b]
But .. But .. Texas don't have no stinkin refineries
All the saber rattling at Iran and speculators are pushing up oil. Bottom line is we need to transition away from oil.
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