Content Country-Formatnewsletter-Format Article for Newsletter

You Are Here: Home Page -> Formatnewsletter -> Format Article for Newsletter

Newsletter Article

Here is We Can Drive Oil Prices Down Now formatted for a newsletter with 65 characters per line.

Return to We Can Drive Oil Prices Down Now

We Can Drive Oil Prices Down Now

by atunga

In America today the average price of gasoline has skyrocketed
past $4.00 per gallon with no end in sight. Oil prices have
doubled since the end of 2007 with $200 per barrel conceivable
within months. Still, no one seems to have a solution. The
government is inept, and only seems willing to add to the problem
rather than solve it.

If the Congress had any concern for you or me they would lift
all Federal gas taxes to help us out. That would cut out about
15% of the price per gallon of gas.  If they had any concern for
us they would allow us to drill for oil within the United States.
They would allow more refineries to be built. They would approve
clean, cheap, nuclear power.

Instead, politicians have done nothing except talk about idiotic
proposals to tax oil company profits. That will only raise gas
prices further because the oil companies sure aren't going to
give away their profits and make less money. They will pass on
the cost of tax increases to US, and probably 3-4 times the
amount they lose from increased taxes.

The bottom line is we cannot trust useless politicians to change
anything. We have to do it ourselves, and force idiot politicians
to go along with it. Like it or not. That would be change we can
believe in.

It would be great if we could all plug in our electric cars
tomorrow, and never use a drop of gas again. However, we can't.
We need to build a bridge to energy independence that will not
bankrupt us.  In the short-term we need cheap oil to keep our
cars and trucks on the road. As new technologies develop over the
next ten years we can shift to electric and hydrogen fuel cell
vehicles. We could then realistically no longer need oil for any
transportation by 2020.

How do we build the bridge, and how do we force oil prices down
by 50-60% in a matter of weeks?

It's already begun. American Solutions, a group started by
former Speaker of the House Newt Gingrich, has begun an online
petition asking Congress to allow us to "Drill Here, Drill Now,
Pay Less." More than a million people have already signed the
petition. Poll after poll shows that Americans overwhelmingly
support domestic drilling for oil to lower prices.

Those opposed to domestic drilling argue that even if Congress
approved domestic drilling tomorrow, it would be 2-3 years before
that oil would get to market. They argue domestic drilling will
do nothing to lower oil prices because the global market sets the
price of oil.

Wrong. In the last few weeks since gas went over $4.00 per
gallon in the U.S. the people of America started making their
voices heard. They want something done about the high price of
gas, and they want to see action now. We have also started
driving less, which has decreased demand. Just the notion that
Americans are angry, and want something done has already prompted
the Saudis to announce they will increase production. They also
held a summit of oil producing nations to discuss the "crisis" of
high oil prices.

Just the threat of possible Congressional action to allow
domestic oil production already has the Saudis spooked. If
Congress actually took action the real source of high oil prices,
the speculators who make money trading oil futures, would begin
to dump their oil future holdings. They would know that domestic
oil production in the United States would reduce the future price
of oil significantly. That would drop the price of oil on the
international market by 50-60% almost immediately.

To insure that oil prices stay low for Americans Congress should
demand that all oil produced in the United States only be
available to the American market. It is conceivable that we could
produce enough oil domestically to supply 80% of our consumption
needs within 3 years. Some believe there may be enough oil in
shale in the Rocky Mountains to supply all domestic oil needs,
and even have a surplus. If American oil was only sold in America
the price would likely be in the $30-$40 per barrel range. That
would bring gas prices down to a reasonable $1.50 per gallon
range.

Now, that is the bridge. This is not a permanent solution. No
matter how much oil we can produce in the U.S. it will only last
for a finite amount of time. It would be foolish to think that
even if we had 40-50 years worth of oil that we should just wait
until it runs out to replace it as an energy source. Not to
mention the environmental impact of continuing to burn fossil
fuels. We need to develop clean, renewable sources of energy.

Another provision Congress should include in allowing domestic
drilling is that oil companies invest 15% of their profits in new
energy sources. Rather than tax oil profits, which does nothing
except put money in the government coffers to be wasted on
nothing, Congress should demand those profit dollars be spent on
developing new, clean forms of energy. The oil companies can then
transform themselves over the next decade from oil companies to
energy companies. We will need the oil companies' massive
infrastructure to deliver these new sources of energy, and the
government cannot demand the oil companies spend money to put
themselves out of business.

The most important investment would be to begin replacing one or
two gas pumps with hydrogen refueling pumps. The hydrogen fuel
cell car is already a reality. They are being sold in Japan, and
tested in Southern California right now. The hurdle is that no
one wants to buy a car they can't refuel at the station down the
street. If hydrogen pumps began to appear at local gas stations
all over the country, the demand for hydrogen fuel cell cars
would grow exponentially. This would drive down the price of
hydrogen fuel cell cars, and of hydrogen fuel.

Automobile manufacturers would make more hydrogen fuel cell
vehicles, and more hydrogen pumps would be added. Over the next
10-15 years there would be no gasoline powered vehicles made
anymore, and the term "hydro station" would replace "gas
station." The massive investment in hydrogen and other forms of
energy would not just be for automobiles, but for jet engines as
well. Air travel would be transformed with clean fuel sources,
and air planes would be built with lighter, more fuel efficient
materials. We would be free of fossil fuels for transportation.

What about energy to power our homes and businesses?

Congress also needs to approve new nuclear power plants to
supply electricity for our homes and businesses. Nuclear power is
cheap, clean, and now more than ever safe. The country needs
50-60 such facilities to handle the power needs of today, and to
prepare for the power needs of the next 50 years.

Another solution to power needs is solar and wind power. It is
unlikely that massive solar or wind power facilities will ever be
effective sources of power for millions of customers. However,
solar and wind power can be effective power sources for
individual homes and small businesses. The major hurdle today is
cost. A single wind tower costs up to $50,000 to install. Solar
panels are not as expensive as in the past, but are still
expensive enough that many homeowners are not able to easily
afford them.

The solution is for Congress to approve tax incentives for
homeowners and small businesses to install solar or wind power.
By allowing a tax incentive of up to 75% of the cost of a wind
tower or solar system homeowners and small businesses would be
far more likely to install such systems. Such incentives would
create a massive reduction in demand on the major power grids.
This would then make these grids more capable of handling spikes
in demand during summer months, and make the grids easier to
maintain and upgrade.

These rather simple steps, if enacted now would make the United
States completely energy independent by the mid 20's. We would
also be green and clean, which would benefit the environment
immensely. Further, we would be the leader in clean energy
development, and the rest of the world would follow, as they
always do.

Demand that Congress take action now. YOU have the power. Let
your Senators and Representatives know that if they don't support
building a bridge to energy independence you're going to fire
them. Forget which political party they belong to. This is not a
Democrat or Republican issue, this is an issue that affects our
very future. Stand up, take action, and forcefully demand that
Congress and the President take action NOW.

Ted Hebert is a writer and Maverick Thinker helping companies of
all sizes grow their business. He is also committed to clean,
energy independence. He can be reached at Ted@Atunga.com or visit
<a
href="http://www.atunga.com/whitepaper.htm">www.Atunga.com</a>.
Also visit <a
href="http://www.bridgetoenergy.com">www.BridgeToEnergy.com</a>.

Syndicated by Top Gazebos - www.topgazebos.net

Quick Content Search:
Content Country

Welcome Guest

Author Country

Publisher Country

Essentials