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Oil for One

The offshore drill. Slick defenses. Pumped up over profits. Plus: What Ben Stein knows. What FDR knews. And much more.

(Page 7 of 14)

: /p> p>Ben Stein hits the nail on the head once again. There's nothing more ridiculous than the "consumer-environmentalist" who commands "Give me all the energy I want at a price I can afford and don't mess up the environment while doing it!" There's nothing more pathetic than environmental leaders who preach and pray about conserving energy and then join the braying herd whenever oil prices go up -- which is the thing that makes people conserve in the first place. And there's nothing more dangerous than an American public that has been deluded into thinking resources are infinite and price will always remain the same. Public attitudes are going to have to change at some point. Let's start by building a few more nuclear plants. br> -- William Tucker /p>

I would ask Mr. Stein, whom I greatly respect and admire, just when does profit become grotesque and obscene? No one faults companies for making a return on their investments, however when that return tops $8.4 billion dollars for one company for ONE quarter, one has to ask is the fair or overpricing of the final product.

I agree that Americans seem to feel they have to have the biggest SUV (Navigators, Hummers et al) to show the world "Here I am," "I have arrived," but I also look at their major auto producers who either cannot or will not produce vehicles that are efficient and economical without government getting into the act and forcing them through legislation to do so. THEY must shoulder some of the blame also.

We need to wean ourselves off foreign oil period. There are enough reserves of crude oil and natural gas in area 181 in the Gulf of Mexico to sustain us for a considerable length of time. It is time that congress took the bull by the horns and did what is needed to get us on that road to energy independence.

p>I, for one, when I build my new home in the Pacific NW, will invest in a fuel cell power unit for my home. I will be able to generate adequate electrical power necessary, produce clear fresh water as one by product and hot water as the other. In addition I will be able to feed my excess into the grid in off peak hours. br> -- Allan Pilger br> Catonsville, Maryland /p>

I understand everything you have said in the above article, HOWEVER, you are either purposely or ignorantly missing the point of the latest public outrage. The issue is GASOLINE prices, NOT oil prices. Most of us burn gasoline in our cars not oil. Yes we understand the market forces that cause the price of oil to go up and down. What we do not understand is why the oil companies (some would say purposely and illegally) fail to increase gasoline refining capacity to meet market demand. This is not rocket science.

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topics:
Taxes, Education, Economics, Business, Federal Budget, Social Security, Environment, Constitution, Law, Supreme Court, Military, Iraq, Energy, Oil

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