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We Need Renewable Clean Green Energy – NOW!

Hooray! The price of Oil is slightly, but steadily, below the $100 per barrel mark. Gasoline prices are paring back to more reasonable levels, although the new levels will still be considerably higher than where prices came from before the spike up in oil prices. There’s a good chance we won’t see gas prices below $3.00 a gallon again.

Despite this seemingly wonderful news, unless Americans wake-up and fight against our foreign oil imports it won’t be long before the recently played out scenario happens again and gasoline will eventually lock into the $4.00 a gallon mark, before the scenario plays out again and again… The Oil companies have figured out how to make enormous amounts of money in relatively short time periods, before giving in a little and all while making sure you pay more for their much needed gasoline.

As Americans, we must force the government to reduce our foreign oil dependency. We must not only yell and scream when prices are skyrocketing but, we must make sure to yell and scream when those prices have subsided as well. Otherwise, we risk falling into the same trap the oil companies have set for us over the past several years – Run up prices to an obscene level making super-profits for a quarter or two, then show their concerns by handling the situation and bringing prices back down but, to a level still higher than where they originally started. They are able to do this for several reasons, the main reason being that, we as Americans on yell and scream when prices are out of control. Ultimately this scenario will play out again.

Renewable Clean Green energy is upon us. It is there for the taking. We simply have to Demand it, we must state loud and clear that we want an energy source that: 1) is not dependent upon the whims of other countries geopolitical ordeals and 2) is not dependent upon the basic elements of supply & demand – this is a major necessity because, oil has basically reached its peak supply point and therefore, as the world continues to consume more and more oil for their energy sources, that supply continues to dwindle. Thus the Demand element is superior and this causes higher prices.

We should consider: 1) during the most recent run-up in oil prices, the U.S. basically consumed or imported less oil than in months prior. Yet prices skyrocketed…  2) China’s growth is becoming eminent. While China may not have a direct effect on the U.S.’s oil consumption, the fact is that while they increase their own consumption of oil to increase the industrialization of the nation, they are eating into the already dwindling supply of the worlds’ overall supply of oil.  3) The same will soon be said in the coming years about India.  4) Both China and India are still at the beginnings of the industrializing of their nations and when they (China first) get ramped up to full speed, if we in the U.S. are still dependent of foreign oil to survive, we as American consumers will be financial dead. Remember, our total population represents only about 12% of there’s, and they haven’t even hit “third-gear” yet.

Some will say we then need to drill more at home, I would tend to agree however, even if we drilled day and night forever, we simply do not have the required supply to sustain us. So I say sure, drill, drill away as much as possible but, we also must have other sources of Alternative Energy at our disposal. Otherwise, we cannot get off of our foreign oil import dependency and therefore, we will feel the wrath of these two up and coming, enormously populous countries.

So now is the time to press for renewable, clean, and green energy technology here in America. If we don’t do it now, we will be overtaken sooner than most imagine.

 

 

So Where Do Prices Go From Here?

dollar vs oilWith today’s price of oil at $108/barrel and gas at roughly $4.41/gallon it could make one wonder, “where do prices go from here?

Well just over 5-months ago an eye opening article about the correlation of oil and the everyday commodities we use may have some bearing. Petroleum (Oil) is in just about everything we use, and as oil rises, so will other items as well. Petroleum based products are in approximately 6000 products consumers use daily. Aside from the obvious uses, petroleum based products range from; soap to deodorant, toothbrushes, panty hose, and lipstick. … Continue Reading

When Gas Prices Increase

March 22, 2011 Oil Statistics No Comments



With Oil prices continuing its rise, be prepared for a host of other needy products to rise in price too: … Continue Reading

America’s Foreign Oil Dependence

March 19, 2011 Oil Statistics No Comments

2011-03-19

Oil per barrel increase

We all know oil to be a major factor and necessity in our everyday lives. What would we do without oil? Currently, our main issue is our dependency on foreign oil. The U.S. is either willingly or unknowingly (which is hard to believe) in the process of transferring our wealth to foreign nations. Imagine the benefits Americans would gain if we were to retain the money we send overseas for oil? Last year alone we spent over $318 Billion on foreign oil. There are several ideas in regards to replacing foreign oil. For example, drilling at home; but do we have enough to replace all of our oil imports; or do we even have enough to simply replace us from OPEC’s control: … Continue Reading

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From Old Cotton Blue Jeans To Green Home Insulation

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