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Dependence on Foreign Oil

 


EschewObfuscation

Sadly, the US will not increase its refinery infrastructure until it is reasonably profitable to do so: sweet, light crude at about $55/barrel, in order to justify the plant and equipment investment and start-up costs. So our dependence on foreign oil will continue for the forseeable future. Alternative fuels? Look at our track record and imagine the investment of the auto industry in combustion engine technology. We can all consider this high on our priority list for our political leaders but after eight years of a democrat president, are we any closer on any front? Even at $2.50/gallon it's cheaper today than it was 20 years ago when adjusting for inflation. Get your wallet out and ditch the SUV, not by government edict, by personal economic choice. This is what the greens have been praying for for years, now they have their wish. But government leaders at the federal and state (especially my state, NY) level have much bigger fish to fry.
  (2 voted this helpful, 0 funny and 0 agree)



• Review posted on 07/30/2004
• This review has been viewed 12 time(s)

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