Glad i live in texas and not california!!!!
hey lets keep this social and not get outa hand....dont want to get this thread locked....im enjoying reading it too much!!! LOL

 

hmmm...interesting. Even if I lost my job I still am not going to want the government to intervene and tell the company what to pay the CEO, which is what you are advocating. There is a really big communist country off of our west coast called China and you can go live there if you like.

 

A year ago I saw a documentary that claimed that gasoline was the cheapest liquid that you could by. Cheaper than milk or bottled water.

That condition can not be good for our environment or long term supply of oil. The only thing that will save us in the long run is $10 a gallon gasoline.

SkyHigh

 

Oil will continue to go much higher. Even with a US recession, due to the fact that developing countries are now able to buy oil that they couldn't in years past. The guy who used to drive a donkey cart in Mexico is now driving a pick-up truck, etc. Because he has a good manufacturing job that used to be in the USA!! I think we will soon look back fondly at the days when we could buy gas for single digit money.

 

Exactly, the recession is only a small part due to the weakness of the dollar. The main problem is S/D. Simply countries like India and China are using more gas and oil by the day which limits supply by its increased demand. Basic Econ 101

 

If oil is at $108/barrel today at the beginning on March, I can't wait to see how high it is going to be at the end of August right before labor day.

The price of oil is only going to go up and up and up. This country needs to kick its addiction to oil. Alternative fuels are the answer. Why drill more domestically when you are going to screw up some of the most sacred environment on the planet, just for a short term solution that is like putting a band-aid on a gushing wound!

There is only so much oil in the ground. If we drill more domestically, we will eventually use up all of that supply, and guess what...we will be right back where we started. Electricity is the cheapest known way to power an automobile (at about 60 cents per gallon of gas equivalent). Electricity can be generated by completely renewable energy (wind, hydro, solar). Why deal with developing super expensive oil shale if some of most sacred environment on planet earth. Only an idiot would choose option two.


High oil prices are one of the few things that has the ability to completely destroy our economy. Are we going to let this happen, or are we going to do something about it??

I am going to do something about it.
Here are some things you can do:
Stop driving old, inefficient, gas guzzling cars
Start buying hybrid or plug in hybrid cars
Vote for legislation requiring a big percentage of your electricity to come from renewable energy (wind, hydro, solar)
Vote for a candidate that wants to kick america's addiction to oil
Tell your representatives you want legislation that gives tens of billions of dollars of research money to firms developing alternative energy. It will be the best investment our nation EVER made (maybe better than investing in fighting WW2).

Until we switch to an alternative energy as the main source of fuel for our economy, the price of oil is only going to go up and up and up.

 

This is a damn nightmare...

 

To which nightmare are you refering? I see several going on at the same time...JP

 

You're right. I used to have aspirations for my little part of the Industry. Now I'm just hoping I have a job for the next few years...it's hard to see a career at the end of the tunnel with the current state of things!

 

You live in a country where the government tells your employer the minimum they can pay you. You don't have a problem with that?