Over the last 7 years the price of gas has been in an ever increasing spiral. As the value of the dollar falls (relative to other currencies) and global demand for oil based products increases, the law of supply and demand has propelled the price of a barrel of oil to record highs. So my question is: what can we (the consumer) do about it?
Here are a few ideas to get the discussion started…feel free to add your own
• Should we peg the price of the oil barrel to the Euro instead of the dollar?
• Is the problem that there aren't enough refineries and we should make sure that more are built?
• Can we, convince our governments to subsidize the cost of hybrid cars and research into alternate fuel sources.
• What if we convinced China to move towards Hydrogen powered vehicles instead of gasoline (think of it, China's fuel distribution infrastructure is still young and could probably be adapted to hydrogen more easily than the older European or American structures)
• What about alternate sources of energy (bio fuel, electric engines etc…) any interesting possibilities there?
• Oil companies having been making record profits (Exxon alone made $40,000,000,000 in profit last year) and in the end, those profits are coming out of our pocket… should we petition for a law limiting the profits an oil company can make on each barrel it buys and sells?
• What if we were to target one oil company for a whole year or until they dropped their prices by 10% would that make a difference?
• What about solar power, I know you can't power a car using solar power directly but you can use it to charge batteries that you use the next day…
• More bike lanes…don't knock it, most of us could use a little more exercise and even if we only used them 1% of the time, that translates to a saving of 3.8 million gallons of gas per day in the US alone.
• How about State and Federal taxes, should we do anything about those?
I'm starting a discussion on YakYourIssues.com Yak Number 147 feel free to post your replies / comments there and maybe together we can figure out what to do about this.
Article Source: The High Price of Gas and what we can do about it
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