Quick Search
Quick Links
QUICK SUBMISSION
Submit new reports using the link above. If it is approved, your posts will get published on the front page under Recent Comments (see right). We will publish a separate report by itself if necessary.
Access to Public Records
This online background verification service lets you instantly access numerous public records databases for your personal investigations and includes unlisted phone numbers, property searches, criminal records, vital statistics, adoption files, tax court records and more.
Special Categories
Recent Blogs
Categories
Content Archive
Blogroll
We accept link exchange for related websites
We Can Drive Oil Prices Down Now
- 6-27-2008
- Categorized in: World Affairs
In America today the average price of gasoline has skyrocketed past $4.00 per gallon with no end in sight. Oil prices have doubled since the end of 2007 with $200 per barrel conceivable within months. Still, no one seems to have a solution. The government is inept, and only seems willing to add to the problem rather than solve it.
If the Congress had any concern for you or me they would lift all Federal gas taxes to help us out. That would cut out about 15% of the price per gallon of gas. If they had any concern for us they would allow us to drill for oil within the United States. They would allow more refineries to be built. They would approve clean, cheap, nuclear power.
Instead, politicians have done nothing except talk about idiotic proposals to tax oil company profits. That will only raise gas prices further because the oil companies sure aren't going to give away their profits and make less money. They will pass on the cost of tax increases to US, and probably 3-4 times the amount they lose from increased taxes.
The bottom line is we cannot trust useless politicians to change anything. We have to do it ourselves, and force idiot politicians to go along with it. Like it or not. That would be change we can believe in.
It would be great if we could all plug in our electric cars tomorrow, and never use a drop of gas again. However, we can't. We need to build a bridge to energy independence that will not bankrupt us. In the short-term we need cheap oil to keep our cars and trucks on the road. As new technologies develop over the next ten years we can shift to electric and hydrogen fuel cell vehicles. We could then realistically no longer need oil for any transportation by 2020.
How do we build the bridge, and how do we force oil prices down by 50-60% in a matter of weeks?
It's already begun. American Solutions, a group started by former Speaker of the House Newt Gingrich, has begun an online petition asking Congress to allow us to "Drill Here, Drill Now, Pay Less." More than a million people have already signed the petition. Poll after poll shows that Americans overwhelmingly support domestic drilling for oil to lower prices.
Those opposed to domestic drilling argue that even if Congress approved domestic drilling tomorrow, it would be 2-3 years before that oil would get to market. They argue domestic drilling will do nothing to lower oil prices because the global market sets the price of oil.
Wrong. In the last few weeks since gas went over $4.00 per gallon in the U.S. the people of America started making their voices heard. They want something done about the high price of gas, and they want to see action now. We have also started driving less, which has decreased demand. Just the notion that Americans are angry, and want something done has already prompted the Saudis to announce they will increase production. They also held a summit of oil producing nations to discuss the "crisis" of high oil prices.
Just the threat of possible Congressional action to allow domestic oil production already has the Saudis spooked. If Congress actually took action the real source of high oil prices, the speculators who make money trading oil futures, would begin to dump their oil future holdings. They would know that domestic oil production in the United States would reduce the future price of oil significantly. That would drop the price of oil on the international market by 50-60% almost immediately.
To insure that oil prices stay low for Americans Congress should demand that all oil produced in the United States only be available to the American market. It is conceivable that we could produce enough oil domestically to supply 80% of our consumption needs within 3 years. Some believe there may be enough oil in shale in the Rocky Mountains to supply all domestic oil needs, and even have a surplus. If American oil was only sold in America the price would likely be in the $30-$40 per barrel range. That would bring gas prices down to a reasonable $1.50 per gallon range.
Now, that is the bridge. This is not a permanent solution. No matter how much oil we can produce in the U.S. it will only last for a finite amount of time. It would be foolish to think that even if we had 40-50 years worth of oil that we should just wait until it runs out to replace it as an energy source. Not to mention the environmental impact of continuing to burn fossil fuels. We need to develop clean, renewable sources of energy.
Another provision Congress should include in allowing domestic drilling is that oil companies invest 15% of their profits in new energy sources. Rather than tax oil profits, which does nothing except put money in the government coffers to be wasted on nothing, Congress should demand those profit dollars be spent on developing new, clean forms of energy. The oil companies can then transform themselves over the next decade from oil companies to energy companies. We will need the oil companies' massive infrastructure to deliver these new sources of energy, and the government cannot demand the oil companies spend money to put themselves out of business.
The most important investment would be to begin replacing one or two gas pumps with hydrogen refueling pumps. The hydrogen fuel cell car is already a reality. They are being sold in Japan, and tested in Southern California right now. The hurdle is that no one wants to buy a car they can't refuel at the station down the street. If hydrogen pumps began to appear at local gas stations all over the country, the demand for hydrogen fuel cell cars would grow exponentially. This would drive down the price of hydrogen fuel cell cars, and of hydrogen fuel.
Automobile manufacturers would make more hydrogen fuel cell vehicles, and more hydrogen pumps would be added. Over the next 10-15 years there would be no gasoline powered vehicles made anymore, and the term "hydro station" would replace "gas station." The massive investment in hydrogen and other forms of energy would not just be for automobiles, but for jet engines as well. Air travel would be transformed with clean fuel sources, and air planes would be built with lighter, more fuel efficient materials. We would be free of fossil fuels for transportation.
What about energy to power our homes and businesses?
Congress also needs to approve new nuclear power plants to supply electricity for our homes and businesses. Nuclear power is cheap, clean, and now more than ever safe. The country needs 50-60 such facilities to handle the power needs of today, and to prepare for the power needs of the next 50 years.
Another solution to power needs is solar and wind power. It is unlikely that massive solar or wind power facilities will ever be effective sources of power for millions of customers. However, solar and wind power can be effective power sources for individual homes and small businesses. The major hurdle today is cost. A single wind tower costs up to $50,000 to install. Solar panels are not as expensive as in the past, but are still expensive enough that many homeowners are not able to easily afford them.
The solution is for Congress to approve tax incentives for homeowners and small businesses to install solar or wind power. By allowing a tax incentive of up to 75% of the cost of a wind tower or solar system homeowners and small businesses would be far more likely to install such systems. Such incentives would create a massive reduction in demand on the major power grids. This would then make these grids more capable of handling spikes in demand during summer months, and make the grids easier to maintain and upgrade.
These rather simple steps, if enacted now would make the United States completely energy independent by the mid 20's. We would also be green and clean, which would benefit the environment immensely. Further, we would be the leader in clean energy development, and the rest of the world would follow, as they always do.
Demand that Congress take action now. YOU have the power. Let your Senators and Representatives know that if they don't support building a bridge to energy independence you're going to fire them. Forget which political party they belong to. This is not a Democrat or Republican issue, this is an issue that affects our very future. Stand up, take action, and forcefully demand that Congress and the President take action NOW.
Quick Search
Recent Comments
May 8, 2012 | 07:18 AM
419 Scams: Money Transfer, Fake Checks and Inheritance..."Hi,My mom received the same message from a coordinator named DR. LYNDA DUKE telling her that she won 850,000GBP and asking her to email the details (name, sex, date of birth, nationality, etc..) to a"
May 8, 2012 | 06:41 AM
419 Scam: Claim your money from "DIPLOMATIC COURIER SERVICE COMPANY""If you're not playing the lottery , how can you win?"
May 8, 2012 | 05:39 AM
Online Dating Scams: What to Look for and How to Protect Yourself" James Philips and George Philip have the same IP address , I think that is one and the same person."
May 8, 2012 | 05:38 AM
Lottery Scam: Shell Petroleum Development Company"FOR SOLUTIONS TO YOUR COMPLAINT, CONTACT Barrister MAX MORRIS OF M & M CHAMBER E-MAIL: morris.charity@lawyer.com. HE WILL HELP YOU TO FIND OUT IF YOUR WINNING IS TRUE OF FALSE:"
May 7, 2012 | 09:13 PM
Nigerian Love Scammers Busted in Malaysia!"scammed victim as well by so called James Robert on Chemisty.com, how can i assist you in catching these scum? I saved all of my instant messages and tex. I have the receipts where i sent him money i"
May 7, 2012 | 06:28 PM
A Note on Western Union Fraud Warning"I met a girl online who said she was from my area but is currently out of state visiting family. We talked via text messaging and emailing for a bit. Eventually she told me her car broke down and can "
May 7, 2012 | 03:40 PM
Bank of America Scam" FROM THE DESK OF MR. DENIS F.BEAUREGARD,FUND CREDIT OFFICER BANK OF AMERICA:VERO BEACH FLORIDA BRANCH USA BANK OF AMERICA: ATM CARD PAYMENT NOTIFICATIONATTN: PLEASE, I AM MR. DENIS F.BEAUREGARD, T"
May 7, 2012 | 10:37 AM
Hot Scam: Hotmail Phishing"I received the same type of email to my account Phishing for information:HOTMAIL EMAIL ADDRESS IS CHANGINGOur email address is changing! To ensure you continue to receive important emails regarding "
May 7, 2012 | 05:55 AM
Lottery Scam: SHELL PETROLEUM LOTTERY WINNING NOTIFICATION"hi my name is cynthia i receive an sms by petroleum aslo shell uk/sa petroleum stating that i have won R3 million and gave me a reference Number and should phone paul and his cell No is 0838746159 "
May 7, 2012 | 04:51 AM
Lottery Scam: Coca Cola Company South Africa Region"I have been contacted by the email address cocacola2012@gmail.com claiming that I have won a price of GBP 500000 in cocacola lotry.Kindly tell me if this message is fake or reliable.RegardsAamir Saeed"
May 7, 2012 | 01:10 AM
Nigerian Love Scammers Busted in Malaysia!"Dolores, Andrew Reece is the same person that scammed me too. I was stupid and foolish enough to be groomed and fell in love with him. Hope he got caught, rot to jail and go to HELL to meet his Satan "
May 6, 2012 | 06:39 PM
Online Dating Scams: What to Look for and How to Protect Yourself"udate on James Philips....spoke to him on skype again and realized that it is a video of a man being played of someone video messaging. The person i was talking to was typing while the man on the vide"
May 6, 2012 | 02:09 PM
Lottery Scam: Your money is on the way via Fedex!"OMG! This is such a stupid scam. I received an email this morning w/ the exact message, only the different is the price of security fee which is $160. Big "SCAM" will ring your bell just by notici"
May 6, 2012 | 11:19 AM
419 Scams: Money Transfer, Fake Checks and Inheritance..."My dad has been sent same letter From a huo ho.... Had to break the news to my dad that it's another idiot trying to rip off vulnerable people. It's easy to fall for it because not asking for any mone"
May 6, 2012 | 01:59 AM
Lottery Scam: Video about receiving a fake lottery check with your name on it" hi this is my detiales is in any lottery please send me my emailTOYOTA AUTOMOBILES COMPANY BURNASTON A38/A50, DERYSHIRE, EAST MIDLANDS DE1 9TA UNITED KINGDOM (Customers Care Line) 350,000.00GBP Thre"
May 6, 2012 | 01:52 AM
Lottery Scam: Video about receiving a fake lottery check with your name on it"hi this is sana please check my email name is in any lottery"
May 5, 2012 | 10:33 AM
419 Scam: Claim your money from "DIPLOMATIC COURIER SERVICE COMPANY""a man named Gen. James C. Boozer found my name in skype. He said he was on a mssion as a peace keeping officer in Kabul, Afganistan. He let me fall in love with him-and later he asked me to look for"
May 5, 2012 | 01:40 AM
Lottery Scam: Shell Petroleum Development Company"Hello! I have received an email from shell petroleums on 11 April 2012 in which you have mentioned that my email id has emerged as a lucky one and thus i will be awarded a cash prize of five h"
May 4, 2012 | 01:16 PM
How And Why Most Of All Online Income Opportunities Are Scams"Forget all these scams most of these websites where you pay money to learn how to do something is free somewhere on the internet to teach you I have found something absolutely free and fun... It is c"
May 4, 2012 | 11:25 AM
Is Survey Spot a Scam"The problem I've found with survey spot is that they constantly send me survey opportunities, I begin them and then they tell me I do not qualify for the cash incentive. Sometimes, I get pretty far "
May 4, 2012 | 10:37 AM
Online Dating Scams: What to Look for and How to Protect Yourself"Sofian Carlos, just the another name of this scammer CARLOS ALEXANDER, THIS GUY IS THE BIGGEST SCAMMER IN MALAYSIA, JUST WONDERING STILL WALK FREE"
May 4, 2012 | 04:32 AM
Submit Scam Report 2011 - 2012"Hi LourensI received the same type of offer for employement and had a bad feeling about it. I started investigating the set-up and have the same questions you have. What really made me think is that t"
May 3, 2012 | 08:35 PM
Bank of America Scam"i believe i am being scamed. i deposited a bank of america check into my account today$4850. a company (i can't find it on the computer) calling its self mega assurance from england says i won $100,00"
May 3, 2012 | 06:47 AM
Lottery Scam: Fake Shell Petroleum Development Company Malaysia Lottery"I also got the same contract letter, please advise how can I know whether is or what?Even though it is signed by different person, not the one mentioned in the above email. Right now the next step "
May 3, 2012 | 02:30 AM
Scam: Fake Steve Jobs Charitable Foundation"Oh boy! It is like you understand my mind! You seem to know a lot about this, just like you wrote the book in it or sehitmong. I think that you can do with some images to drive the message home a bit,"
May 2, 2012 | 05:23 PM
Complaint on Pandora-DIY - Updated"There are no programs, there is only this aelgess principal: If you want to make money, provide value to other people. If you are looking for a program, then you are asking to be sold to. The people s"
May 2, 2012 | 01:20 PM
Yorkie Puppy Scam"The baby will be fine while you are at school I adpeotd my chihuahua when she was just 6 weeks old . I put her in the bathroom with towels all over the floor while i went to work and that was 8 hours"
May 2, 2012 | 11:41 AM
Nigerian Love Scammers Busted in Malaysia!"Hi,Ive met this guy online..www.badoo.com hes name is Raymond Cohen and said he is a Liuetent Colonel mARINE corps..Intelligence army..now hes story goes like he send me amount of money by a courier n"
May 2, 2012 | 01:08 AM
Online Dating Scams: What to Look for and How to Protect Yourself"It has been awhile since you posted, are you still speaking with this man? Any question for money or woe is me story come up yet? I ask because I am going through a very similar situation, and your "
May 2, 2012 | 12:49 AM
Nigerian Love Scammers Busted in Malaysia!"i would like to know more because i am going thru rite now.. the other party have not said anything but have mention some documents need to be verified by me which put me in puzzled now.. so please up"
