OK so here's my deal. There are drilling companies that say they could have oil out of these places in as little as a year as long as5 for really deep seas. I'll believe the people that do it for a living over politicians. So lets say we open up and tell them they could drill in these areas, that will at the very least give us more of our own oil that we are not getting from countries in the middle east or Venezuela which (lets face it) we are only friendly with because of the oil.
Will it drop prices, yeah probably because again we have more of our own oil and there is more of it on the market now. And to say that you only save .50 on a gallon is nuts. Not because I think we will save more but because to say ONLY .50 like it's nothing is crazy to me. If I have a 20 gallon tank that's $10every time I fill up I usually have to fill up twice a week so that's$20 a week I'm saving. At the end of the year that's $1040 I've saved on just that .50 a gallon. That's my mortgage payment for a month. I don't know about you but I'd be more than happy to have an extra $1040 a year. And I really don't think you would have to wait5 to 10 years to see savings. If the price goes up because there is the threat of violence in Nigeria it'll go down because we are about to flood the market.
I think that what we really do need is to come up with different energy alternatives because it's not going to last forever but these things are going to take time to develop. It is also going to take time to set up our infrastructure to run off these new alternative sand it's going to take time to mass produce and make these alternatives economically with in reach of most Americans. So what should we do till then? Just sit around and p*ss and moan that we are paying out the rear (because I now pay more for gas than I do for my vehicle and that ticks me off)? Do we stay at the mercy of our oil producing "friends"? Do we let our economy take this hit? All because we think it's going to take too long to get oil out of the ground or because it's not as much as what the OPEC nations have? So instead of using what we do have, as a crutch if you will, while new alternatives are developed and keeping prices down for consumers we should just do what? We need something in the short term while we are working on the long term.
On a happy note I only had to pay $57 to fill up yesterday, but I had 1/4 of a tank left.
And now on a totally random note. I'm working on my midterm for my American Lit. class and one of the questions is to explain why I think Hester Prynne is a uniquely American heroine. All I can think about for the answer: In the movie version she got it one with Gary Oldman and he was hot! I just don't think that'll do it.
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