NEWS FLASH!
Oil prices are retreating. At this writing, crude oil is at $118.31 a barrel.
Sounds good, doesn’t it! Well, I haven’t seen the price at the pump (referring to diesel)
coming down. Now remember diesel is just a little higher on the refinement chain than
home heating oil. The last time I checked costs on that end of the fuel chain, it has not come down.
One more month and the weather starts to change. I ask again are you ready to pay the costs associated with this commodity? Up here in the Northeast it remains about the four dollars a gallon. The news media has been focusing on gasoline. Hardly a mention on the cost to heat your home.
I have been receiving mail from some of my readers. They have made available other energy sources. Wind as an energy source has been presented. I will be linking to the source for discussion. But first, I must reinforce that oil is keeping us warm and on the roads at present. There is no other fuel that can be used for our immediate needs.
Offering any other source at this time will not come about for ten years.
Now with that said, I definably feel wind is a source that should be incorporated into our resources to generate energy. So below is the Pickens Plan site;
http://www.pickensplan.com/index.php
I feel the figures presented at this site to be well thought out and accurate. My only comment is we need it NOW!
In summary, we need our Congressmen and women back in session to vote on this situation to drive down the costs quickly. Everyday they delay, puts us all in harms way! Write to them NOW and tell them to do their job!
Until the next time
JW’r
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1 comment:
Njoyed the blog, read thru a batch of them, very good. Will continue to do so.
If I may get on my soap box for a moment. The Congress we have today (the 110th) with it's leadership by
Speaker of The House Nancy Pelosi, Harry Reid and such is like what Albert Einstein said about Insanity.
They keep doing the same think over and over again hoping to get different results. Liberal never have
learned that a country can not tax itself to prosperity. But they keep playing the same old tune.
Look what this country did in the five years of WW2? As an example: 18 Months after the 1st concrete
was poured, The Rose Bluff refinery was up and running. The liberals and them Congress critters do not
want the price of oil to go down. Why in a momement.
If we were to open the oil fields of Alaska, the new fields in ND,SD we could bring down the price of a gallon
of gas to way below $1.50 per gallon. The United States has more oil reserves than the Saudis, and Iran.
And that is not counting the vast reserves of coal that we have.
But here is the kicker. Years ago the US government made a deal with the OPEC that they would raise the
price of oil per barrel, the cash from that would help cover this countries enormous debt. MHO
For years we have tried to better the worlds standard of living, given our blood and resources to help protect
the world. That has caused us to go broke! The removal of the gold standard by Nixon, the idiotic rules
our own government have implemented have cause this country to become second rate.
Stepping down from soap box. I have written our Congress critters, called and all one gets is no response
or a form letter. They refuse to do anything constructive, just de-structive.
On Monday, the Fifth Circuit Court upheld the convictions of former Border Patrol agents Ignacio Ramos and Jose
Compean saying they found no reversible error in prior proceedings. Ramos and Compean are serving 11-
and 12-year sentences, respectively, for shooting a drug smuggler in February 2005. The overly severe sentences are due to the addition of a gun-related charge. Meanwhile, the smuggler himself, Osvaldo Aldrete-Davila, was sentenced
this week to nine years in prison---less than either border agent. Does this make any sense?
Thanks again OM for the rant and rave. If you can use any of this be my guest. Then again there is always
the bit bucket!
Steve
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