Hillwilliam -> RE: Gas prices have spiked! May soon past record highs! $4-$5 gas coming (4/13/2011 11:05:08 AM)
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ORIGINAL: nighthawk3569 quote:
ORIGINAL: MarkfromHouston I see comments on how there need to be incentives on electric cars...where does electricity come from? It is generated by gas, oil, coal, and nuclear energy for over 97% of the energy generated in the USA. If you want to see lower fuel prices which are directly linked to a healthy economy, then you must open up ANWAR and the Gulf of Mexico to drilling. You must lift the EPA restrictions on building new oil refineries in the USA and you must not take the incentive for investment in oil and gas exploration (profit) away from the oil companies by taxing the soup out of them. You want your stupid little electric car? Fine, do not expect the rest of us to want this assinine piece of crap. While more drilling would be of some help, the lack of refineries is the real crux of the matter. Until the EPA(and other government)restrictions are removed, there won't be any new refineries built. Therefore, no surplus of crude will solve the problem. High fuel costs are the biggest single factor influenceing the economy...and the economy won't improve until this issue is addressed...and solved. The EPA being one of the worst things foisted off on the American public in the last 50 years. This poster is correct...electric cars won't solve the problem in the US. 'hawk 2 things on that. 1. The refineries we have right now are not running at full capacity. During the last runup in prices a couple of years ago, Exxon actually SHUT DOWN one of its refineries and didnt run the others over 90% capacity. Why would they do that except to manipulate the supply of gasoline? At this point in time, the demand is the lowest it has been in years so look for them to do it again. 2. Your 'where does electricity come from?' is correct. That is why we need to look at OTHER methods of extracting electrical energy. As I said before, petroleum is way too important to burn. Solar and Wind show a lot of promise. Fusion can hopefully be brought online but it will take a national will to ignore the people that are spending millions to discourage it because that hurts their highly profitable business model.
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