Court to Settle Bush dispute with Texas Apr 3, 2008 11:10:12 GMT -5
Post by iamjumbo on Apr 3, 2008 11:10:12 GMT -5
sbusani said:I don't blame the oil companies; big business is good for America. What I would like to see is increased reliance on hybrid vehicles and increased research and development funding for viable energy alternatives to petroleum and petroleum products. That would help us; probably wouldn't do much for the Far Eastern reliance on Arab oil, particularly China and Japan, but with Singapore and Malaysia a close second, and the Indian subcontinent a rapidly-moving third. The Chinese are almost desperate; their economy is built on cheap labor, but they are starved for oil. (They'd have been in Iran long ago were it not for the US presence north, east, west and south of it). The whole Chinese burgeoning economy thing will totter -- revenues as a manufacturing base are not keeping pace with their reliance on oil and the increasing cost of acquiring it. (Can't say I'm all that sorry; I'm not a big fan of China to begin with.)
A Pemex-like alternative here in the U.S.? Taft, Hartley and Sherman are all rolling over in their graves .... although the antitrust lawyers are chomping at the bit ..... wouldn't work here, jumbo, and you know it. We're trust busters at heart. Not to mention free traders. That's what made us great; why abandon it now?
Simply put it is the practice of allowing oil companies to carry on as big business which has forced our continued reliance on the internal combustion engine, despite the fact that it was out dated technology 50 years ago.
nah. they can't come up with an electric car that will run 80mph for two hundred and fifty miles without filling up sooner