I watched part of the HUNT FOR BLACK GOLD on CNBC hosted by Maria Bartiromo last night. I enjoy watching CNBC for news and for business. I am astounded by the decisions that are being made by leaders of business and government regarding our future. If peak oil was reached in 2005 and a steady decline of world oil is on the horizon, why did Mike Coyle of Chevron in Richmond, California say "we need to be looking at alternative energy?" Isn't this a little late to just put it on the agenda? These leaders in their field have known about this for years. They have the charts and graphs. They have the studies. Why are they just talking about it now? They aren't DOING anything about it. We should have done something about this crisis years ago. Since Chevron purchased the most expensive off-shore oil drilling rig in history in 2006, it doesn't look like they have plans for alternative energy. They are putting their money on oil and want to drill, drill, drill.
Sarah Palin wants to drill, drill, drill in Alaska. She says that Obama is naive about thinking we can find all answers in alternative energy. I disagree with her. This is an energy emergency. One expert on this show said that they have drilled 240 dry holes in the arctic and that we've already drilled for 40 years. He said that it looks like swiss cheese up in Alaska.
The United States has 2% of the oil but we use 25% of world oil. Not a pretty picture. Something is wrong here. Don't tell me that they didn't see this coming. Why didn't they plan for it? Here Bush wants billions of dollars handed over as a blank check to his buddies right now in Washington. I'm interested to see if the Senate and House are dumb enough to vote for giving carte blanche to Bush and his cronnies.
Why wasn't an energy plan put into place years ago to make the United States energy independent? What are they doing in Congress? If the big oil companies in the United States are expected to lead the way to alternative energy, they aren't doing it. 5% of world oil is owned by American private oil companies. 95% of world oil is government owned by the big 6--Iraq, Iran, Saudia Arabia, India, Venezuela, Russia. Isn't China included? The 95% big six are not friends with us. They are unpredictable and politically unstable. One person on this show said that we are a "nanosecond away from some crisis in the middle east" that could threatenen the supply of oil to the U.S. Why, oh, why haven't we made responsible plans for our future? The chair of petroleum and geosystems engineering department at the University of Texas said "the dream is over. It's over forever."
Then I hear last night that one of the Arab nations [I don't know how to spell it] is developing alternative energies to sell back to us. The program is using new technology, solar, wind, and energy efficiency. Boy, are we idiots or what? And when we are supposedly at war with these countries and they are supposed to be our enemies as told to us by Bush, then why did I read in the Corvallis Gazette Times that Oregon State University is sending engineering professors to start a school to teach students and future engineers in Iran. This doesn't make a bit of sense to me.
I haven't heard one mention about MDI, Motor Development International in Nice, France who has developed the air car. The brilliant engineer has developed a car powered by compressed air that moves the pistons. Clean, breathable air is emitted. It uses gas to compress the air to move the pistons. It only takes one tank of gas to drive all the way from NYC to LA. The new air car will be available in 2009 for around $14,000. Australia is also developing technology with air cars. The air cars and trucks that are being developed sounds like the best answer and no one is talking about it. Why? Are we in bed with the Arab nations? Did Bush sell out the United States years ago?
We need to vote for Barack Obama. We need to wake up and start looking at the facts and not listening to spin from the Republican party who wants to rob us blind. The stock market tanked. Banks are failing. How much more needs to happen before people wake up in this country?
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