- Aug 23, 2003
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Video
We know that the oil "crisis" is an artificial construct. Production is at record levels, demand is down, supplies are high; yet in five short months, from February of this year to now, we've seen an unprecedented increase in retail gas prices from $3/gallon to $4/gallon. Day after day of new record oil prices and record gas prices with no end in sight.
When our economy faced larger percentage increases in the past; when it doubled from $1/gallon to $2/gallon, or jumped 50% from $2/gallon to $3/gallon, our economy adjusted because it was a slow market driven increase. But when you go from $3/gallon to $4/gallon between February and June, the wheels come off the wagon. People are looking for the quickest, cheapest, most politically-safe fix possible.
In the big picture, who has the most to gain from this increase? Think long term. Oil companies have been lobbying for years for our government to open up coastlines, national wildlife preserves, and any other promising piece of real estate to drilling. Bush and his family are chest deep in big oil, so it's no surprise he's already bought that ticket, but McCain has also jumped on the bandwagon. If you watched the video above, you'll know that he's lined his ranks and his pockets with big oil lobbyists and money.
Will American's be conned into jumping on the bandwagon as well? I hope not. I'd like to think we're smart enough to think beyond our short term gains and preserve the natural wealth of our country for our children.
What kind of America would you rather have, now and in the future? This and this? Or this and this?
We know that the oil "crisis" is an artificial construct. Production is at record levels, demand is down, supplies are high; yet in five short months, from February of this year to now, we've seen an unprecedented increase in retail gas prices from $3/gallon to $4/gallon. Day after day of new record oil prices and record gas prices with no end in sight.
When our economy faced larger percentage increases in the past; when it doubled from $1/gallon to $2/gallon, or jumped 50% from $2/gallon to $3/gallon, our economy adjusted because it was a slow market driven increase. But when you go from $3/gallon to $4/gallon between February and June, the wheels come off the wagon. People are looking for the quickest, cheapest, most politically-safe fix possible.
In the big picture, who has the most to gain from this increase? Think long term. Oil companies have been lobbying for years for our government to open up coastlines, national wildlife preserves, and any other promising piece of real estate to drilling. Bush and his family are chest deep in big oil, so it's no surprise he's already bought that ticket, but McCain has also jumped on the bandwagon. If you watched the video above, you'll know that he's lined his ranks and his pockets with big oil lobbyists and money.
Will American's be conned into jumping on the bandwagon as well? I hope not. I'd like to think we're smart enough to think beyond our short term gains and preserve the natural wealth of our country for our children.
What kind of America would you rather have, now and in the future? This and this? Or this and this?
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