Posted on 05/01/2007 10:41:36 PM PDT by MinorityRepublican
$3.10 this morning - a jump of $.10 from just yesterday.
In western Canada, for example, it is estimated that the oil under the ground in the tar sands region around Fort McMurray, Alberta could meet North America's current levels of consumption for 500 years. Just think about that for a second and realize how long that is.
Sure, it simply isn't economical to extract and refine most of that oil. But the Fort McMurray region is humming with activity today at extraction sites where it wasn't economical to extract and refine oil just a few years back.
And, there have been significant problems at the refineries (e.g., shutdowns/stoppages).
Supply issues (whether accidental stoppages or convenient stoppages), the higher prices (due to stoppages) are occurring when the ppb is $10-$11 lower than it was when prices were high.
Frankly, I’m getting a little tired of $3.05/gallon.
The solution is really simple (though not “easy”):
1. Open up ANWR and the Gulf to effect the per barrel cost. Some studies show the mere commitment to do so would immediately reduce prices to stem off the planning for exploration to occur. Right now, for an investor, the ROI completely supports building new (assuming we were allowed to do this). Existing crude providers would suppliers would cut the prices so that cost justifications would prohibit 1 shovel from going into the ground
2. Tell every hippy to “Go F!” themselves, starting with alwhore. Build more refineries and distributions points with the same enthusiasm that we’re passing condoms out to 8 year olds and the equilibrium price for gas (at the pump) would be more than affordable. In the meantime, this would have a positive impact on business, which is the oft-overlooked component of this discussion (”stuff” is delivered by trucks).
You know, maybe it’s not a good idea to choke our market economy by cowtowing to hippy riff-raff.
Maybe their is a way for us to fuel our cars on cut-off hippy hair? Maybe we should be exploring that?
“2. Tell every hippy to “Go F!” themselves, starting with alwhore. Build more refineries and distributions points with the same enthusiasm that we’re passing condoms out to 8 year olds and the equilibrium price for gas (at the pump) would be more than affordable. In the meantime, this would have a positive impact on business, which is the oft-overlooked component of this discussion (”stuff” is delivered by trucks).”
We should’ve and could’ve done exactly that on Sept 12, 2001 and the American people would have been all for it. Along with effective border controls.
The GOP never capitalizes on golden opportunites and that is why they are AKA, The Stupid Party.
$4.50
How far do you live from work? One mile?
Great for onesy-twosy stuff, but there isn’t enough to run 5% (probably <2%) of our motor transport, so it’s pretty much just a distraction.
Just a bit under 15 miles.
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