Jun 5, 2008 | 10:23 AM
Category:
Political
So who is at fault for the high oil and gas prices? Is it OPEC, oil companies, government? How about all of us, OPEC, oil companies, government, commodities investors (chicken littles), car manufactures and us the consumers. We the consumers that waste gas for no reason, driving several miles in a gas guzzler to get a pack of cigarette. Oil companies not up dating and building new refineries on old sites that were damaged in fires. The government for not doing anything till it's to late to look for different ways not to become more dependent on foreign oil. The chicken littles (commodities investors) that buy up all the oil as to make it scarce and driving up the prices of crude oil. Car Mfg. not doing enough to raise the MPG's on cars and trucks. They state that it is impossible, but a show on the discovery channel shows a race car that averaged 114 mpg at and average speed of 144 mph. This of course is not quite going to happen in a passenger car but it should get around 50 mpg. OPEC could be doing more to better research more areas for oil across the world as the population rises it will be needed to make things work.
We will need to just find away to scare the chicken littles into selling and it should get the prices to fall.
We need to find better ways to get around w/o using gas it is different in a city than in the country and I mean farm country not a suburb.
More synthetic oils and fuels when ever possible , but is it already to late?