Wednesday, June 18, 2008

More on gas prices

Well, it's happened. $4+/gallon for gasoline is officially here. I filled up a work vehicle today, and it cost a staggering $85. Good for business? I think not, but we need the gasoline to get to each jobsite.

It's not just the private sector that's feeling the monetary crunch of the price of gasoline. The United States Postal Service, a federally controlled entity, increased postage rates once again. On May 12, the cost for sending an envelope from point A to point B increased by $0.01. That may not seem like a huge increase, but think about how many letters are sent daily. Pennies add up.

The pennies also add up on the other side. For each $0.01 price increase in gasoline, it costs the USPS $8 Million per year. Projections for this summer show that gas will increase in price by almost $0.50 from current rates. Let's get the USPS a calculator and some Prozac. $400 Million dollars this Summer alone! Now, let me ask you a question. Where are they going to make up that kind of money???

George Bush recently "proposed" off-shore drilling to help ease the burden. Thanks for the newsflash, Walter Cronchite....Economists have been pleading for new sources of crude oil for years. These same economists have been saying, FOR YEARS, that this would help our supply and help lower prices. Now, I do not blame George Bush for the lack of action on this. No, believe it or not, he's not to blame in this situation.

The blame rests on these hippie douschebags who think that oil drilling technology is still in 1885. They think that drilling automatically equals spills and ecological disasters. Spills on oil rigs have been drastically decreasing in rate over the last 20 years, and have almost been eliminated. If these people would just pick up a newspaper other than to wipe their ass with, they would realize that this is a credible solution.

It's sad that, as one of the "greatest nations" in the world, we are so easily driven into a recession by our own actions. The US is the only oil producing country in the world that doesn't practice off-shore drilling. Statistically, our demand for crude oil is the highest in the world, yet we produce the least. Scientists predict that the oil field below the Gulf of Mexico could produce enough oil to match our current yearly production for the next 10 years. One area could double our production for the next 10 years.

Let's wake up here. Even though offshore drilling would only slightly ease our current gas price woes, it is a step in the right direction to reducing our dependency on foreign oil The sooner we accomplish this, the sooner we get back to $1 per gallon.

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