As I write this today the price of a barrel is $136.56 as of today July 8th. There are a lot of reasons we are told that the price is what it is. Many say it is “supply and demand” and many say it is “the oil speculation marketers”. The fact remains that the oil companies are racking in the profits like never before. The oil companies are making BILLIONS (yes, with a B) but they refuse to offer any solutions to the crisis facing the US and the world.
On a web site (http://energytomorrow.org/economy/Market_Price_of_Crude_Oil.aspx) I found this:
“To put it in perspective, people gladly pay $3 a day for 20 ounces of coffee or bottled water. Consider the recent price per gallon of other items: coffee is about $32 per gallon; shampoo is nearly $40, orange juice is more than $7 and milk is about $4.
People constantly worry about oil costing $100 a barrel or more, but here’s what other things would cost per barrel: soda per barrel would be $126, mouthwash per barrel would be $682, and olive oil per barrel would be $2,370!”
What the above does not address is the fact that we don’t need to pay $3 coffee or drink a gallon of OJ at one time. We need gasoline and diesel fuel to get to work and back home. I know one guy that talks about what happens if it cost more to get to work and back per day than you make. It ain’t pretty. We can talk about alternatives for fuel and energy but it is going to take a while to get it in place.
Some of the things I would like to see happen in the mean time are for the price of fuel to be frozen by the oil companies at or around $3 per gallon. The oil companies were making a very large profit there at $3. THANK YOU VERY MUCH. I would also like the car companies to make models that are energy green and affordable to the average middle income and below worker in this country.
I saw a TV show that featured the work of two young men that took a Prius (Toyota) and converted it to a car that used almost zero gallons of gas and was able to charge itself while in operation. 100 miles per gallon is not an unreasonable goal. The point is if two young men can do this for about two thousand dollars, the auto industry should be able to do the same thing RIGHT NOW!
One of the differences across the US is the availability of public transportation. In NYC where Backchannel blogger Brian lives, public transportation is readily available. Subways and busses and taxis. Here where I live there is a train to Dallas and a very poor Bus system and taxis that you have to call to get them to show up. Over in Dallas there is a system called DART. Dallas Area Rapid Transit. That comes from the suburbs but only drops you downtown. Dallas is much more than that. I do understand that the ridership is up.
I hope we can find a way to be energy independent without laying waste to our nations shoreline. I don’t believe we can drill our way out of this crisis. And as I write this, my town is sitting over a gas field that several companies are going after. The cost of this gas is the environment and roads. The noise is pretty bad also. The water table will probably not be able to sustain the drilling load.
I recently looked into taking a train to a town in West Texas. I would have to leave here at 2 PM and arrive in the small town in West Texas the next day at 12 noon. 22 hours for a 7 hour car ride. To be honest, I would not have to drive and use my gas but I would have to get a cab and find a motel at the layover and then find a cab in the AM and still have to pay about $150 each way. Now when I get to the small town in West Texas, I have to find a ride to my friend’s house, which is 10 miles south of downtown. I don’t think this is economically feasible. So, I guess I will kill a few more petrols on that trip I take each March.
I don’t have the answers to this problem, but lets talk about it. It is Friday and we could go fishing.
Adios para ahora, mis amigos
Yo soy un demócrata amarillo del perro.
¡yo soy Horsedooty