$3.00
gas is good for America?
Friday,
September 21, 2007
Western
oil companies are losing power
I'm reading an advanced copy of a book called ZOOM:
The Global race to Fuel the Car of the Future,
which has been a very interesting read thus far.
One thing, however, that has been particularly noteworthy
is the focus the book places on oil. Rather than
criticizing oil profits, it concentrates on how America's
big oil companies are losing power.
Ultimately, more and more, oil reserves are in the control
of just a few countries - many of which are neither
interested in Democracy, nor in a strong America. Thus,
the problems associated with foreign oil dependency have
the potential to become far, far more detrimental and
problematic for America than they are today. Yet today,
foreign oil dependency and gas-guzzling is already
empowering our enemies, while weakening the dollar and the
economy.
Consequently, maybe $3.00 gas is good for America.
If gas were $1.50 per gallon, the Toyota
Prius would still be an unknown vehicle. Hybrid
cars wouldn't even be part of America's vocabulary,
let alone plug-in
hybrid vehicles. Furthermore, America's foreign oil
dependency would be growing dramatically.
Instead, high gas prices have made Americans more focused
on fuel economy than ever before, and that's a good thing.
Since oil reserves are concentrated ever more in the hands
of countries - many of which are anti-American - the
likelihood of serious energy shocks in the future is
growing and almost a certainty. In reality, $3.00 gas
isn't an energy shock. It's a wake up call for
revolutionary change.
Will America heed the alarm, or wait until gas prices hit
$6.00, or even $10.00 per gallon?
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