I agree with you, Bush should do more. I'm not big on the government sticking their nose into things but when it can help the country I'm all for it, Bush should force the auto company's to start building plug in electric vehicles starting with 10% of the cars and increasing every year. Plug in hybrids are fine also as long as they have an electric range of 50 miles before using gas.
This notion that one should only be concerned with their nameless, faceless shareholders as legitimate justification for their corporate actions, especially these oil and oil services companies with their outsized profits, has lead to the conditions we are seeing now. remember, way too many citizens are below the radar that these economists use and are not being counted, hence this notion that the "pain at the pump has not lead to changes in consumer behaviour" is one of those falacious statements that they keep throwing around on these CNBC and other financial conversations... how off base they are. we're at collapse levels and once people realize how to collectively register their "pain at the pump" then it will show up at the top of these radars..... its already beyond midpoint on most radars, just spend 30mins at any gas station and listen to people, no better yet take an opinion poll
surprised no one picked up on this.... if all the lies that the stooges of this Oil Administration and those elected officials that keep spinning it favorably in their favor, were telling the truth about the prices we are being ripped off with in the US, then the European prices would reflect that too... also, how many Litres does it take to make a US Gallon? Isn't it 2.3? so then that estimate of $10 Euro per litre would be the equivalent of $23 Euro per US gallon (or there abouts). wonder if they would stand and take that? hmmmmmmm
Actually I'm surprised Europe has sat around paying these high prices all these years without having any incentive to do something about it with plug in electric vehicles. Do we have to do everything in this world? LOL
thanks! so then in that example just to make what these Oil Administration dupes have been saying, if applied to European prices, would be roughlt 170% increased, just like they are in the US. So, using the example of $10 Euro per litre, and at 3.78 litres to 1 US Gallon, then they should be paying $37.80 Euro per US Gallon at their pumps (numbers provided for dramatic arguemnet sake). That proves the point regarding how many lies have been told in the US, and are continuing to be told, no matter how many citizens get hurt in the process, and being covered up by this Oil Administration and those in favor of no limits or excise of these outrageous profits on these oil companies. Incidently, why do they always expand the conversation of the windfall profits tax to include real estate and other companies, when the discussion is specifically regarding Exxon, Mobil, Chevron and the other oil companies?
I agree with you 100%, but they already are doing things to you, while they are at it, maybe they can do something for you. Currently they are going out of their way to screw the American worker by pushing for globalization, and they stay out of the way when corporations send all the good paying jobs overseas, and they stay out of the way when the American consumer buys more and more foriegn cars. So basically they are going out of their way to do everything in a negative way. Why not do something good to get rid of foriegn oil.
Here's a nice chart showing what has happened to oil production. All we need to do is cut back 60% of usage with alternatives, very possible.