Do some reading on shale oil. We've only pulled about a 1/3 of the oil out of the planet. We've been focusing on the easy to reach stuff. The other oil (trapped in sand/shale) is more expensive to pull out but once oil hits a certain price point it becomes viable. We have enough oil for several generations to come.

Dear concerned these are drastic times for working folks this is sanctions being put on U an I & USA for meddling in Mideast ! Afganistan was one thing But Iraq is another ! Bush and company have to be held with there feet to the fire ! Texas never turned out a honest Politician ever ! And GW BUSH is the worse ever of all times !

You know what really bothers me most? The fact that Honda and BMW BOTH have "HYDROGEN" cars! Our dependance on Oil for transportation has been taken away with this technology (at least for consumer transportation). And yet, the prices at the pump still continue to soar. The only reason that Honda's hydrogen car (which I have to say is very sleek...four door, 100 mph top speeds) is not all over the country is because they are not being allowed to set up re-charging stations for them. Right now they are only in Southern CA - but, Honda is very innovative and are working on a re-charging system that can be done from your very own garage...regular hydrogen, the most plentiful fluid on the planet...wow, what a concept! no emmissions, just pure hydrogen being released back into the environment...I bet the Oil Companies are suicidal at the thought of this news getting out! No wonder they are trying to break us off right now...they know their opportunity to do so is limited.

I have been saying this for a year now. oil will never go down we are running out of it so how can it go down? Speculators do what they do and that is to make as much money as they can. This time it happens to be on America's back. but the real blame lies with our wonderful politicans who for years ignored this and have taught America to guzzle gas not conserve it. And in the mean time they are screwing with the dollar and dropping it lower and lower making the commodity more expensive. Yes we know where the blame lies

The free market won't really come into play until our government steps out of the way and let's us develop the enormous energy resources of this country. There are tremendous known oil resources, as well as natural gas and coal that can't be developed because of ridiculous environmental and NIMBY regulations... not to mention the Clinton administration's move making Escalante a national park, which took the largest know reserve of clean coal out of play, as a payback to the Indonesians, who have the world's 2nd largest reserves. The American people need to hold hearings and subpeona all members of Congress and demand to know why they are artificially creating these shortages and so much angst for the American people. There's plenty of oil and other energy out there - just get out of the way and let us develop it!

Well, what about the ploy of the "delayed unloading of oil tankers sitting off our coast line to create the illusion of there being a shortage of oil at the same time that American's had reduced their consumption of gasoline by a record amount in 17 years.

The "illusion" of this "shortage" was used as a basis for not lowering prices on the futures markets. Now how many tankers would have to be delayed in offloading to have this type of an impact . . . and could this, and would this be possible without some sort of "collusion"?

Meanwhile, congress isn't doing anything and I am sending them emails demanding action every day.

I think that we need a whole set of NEW Congressmen . . . the old ones aren't, and haven't been doing anything for the American people. Just look at all of the outrageous subsidies to wealthly farm corporations in the recent Farm Subsidy Legislation . . . It appears that our Congress is bought and paid for by the wealthy special interests groups; and they are afraid of alienating the petroleum corporations in an election year.

Will the American people finally wake up? Stan Meyers was mysteriously poisoned after inventing a water powered car and refusing to keep his invention quiet. GM produced an electric vehile and tested it in California in 2003 (celebrities including Mel Gibson had them experimentally). All of a sudden, the vehicles were recalled, put in 'car crushers' and then also put in car SHREDDERS so that the world would never know that electric vehicles are comercially possible for the general public.

With modern nanotechnology, batteries are being made the of PAPER the size of a postage stamp and modern solar cells are sheets of plastic. Hobbyists and backyard mechanics are buying kits to make their car run on water.

The technology to get away from oil dependence has never been so strong as it is today, but "big oil" wants to keep us in their pocket. The politicians are enjoying the ride (lobbying money).

When will we wake up and demand that GM release the electric vehicle?


This site shows some videos that have been on youtube for years (in other words, this hasn't remained secret, but only few have paid attention to energy problems in daily life).

http://www.bushtrash.com/energy/

Wake up, our society needs your help!!

As long as we are talking about oil, does anybody
have a clue where all the Iraqi Oil is going...

How much are they pumping? whose buying it?
What kind of Dollars per day is it brining in?
Why is know one talking about this?

Last Time I heard it was costing the American Tax
Payers something crazy like 6 Billion a month to fight this war in Iraq...

Didn't our government say before went in, that the Iraqi Oil money would pay for the war effort?

Where's is the Oil Money?

As to Congress, it is like the 1890's Tammany Hall cartoon. It had all of the prominent parties standing in a circle while pointing fingers at the other. Blame will be abundant. While I think that we should vote most of who is there out of office, I especially would like to see Barney Franks and all other members of the House Financial Committee at the top of the list.
People - this is the crowd that was SUPPOSED to oversee and prevent little items like the sub prime mess. THAT IS WHERE THE SNOWBALL STARTED DOWNHILL. Now, everyone that has been financially responsible is going to pay dearly for this lack of oversight. The FED did not have the power - THEY DID. If they did not do much to prevent the initial, don't expect much on the aftermath. Sure, oil would have risen in price, but not anywhere near where it is. A large part of the price is speculation and the dollar devaluation. Why did we devalue the dollar? To keep the stupid and greedy bankers from ruining the economy. Too bad it does not appear to be working.
As to GM and the electric car - you can believe that GM does not have much use for big oil and if the improved version (volt) can be made fast and cheap - you will not have a long wait. The ones that they tried in Cal. cost too much to produce for a mass market. To the Hydrogen advocates - no way to make in mass and cheap.

According to reports from the New York Mercantile speculators are bailing out of oil at a record pace..shining a little light into dark places (or at least the threat) seems to scatter cockroachs everytime...

This happens because of Politics,Politics,Politics...
I believe the end is good...
Nice topic...
Useful Info....

Thanks,

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ALEX

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