Why Would $200 A Barrel For Oil Be A Good Thing?
Because it looks like that will be the only thing that will snap our somnambulant politicians out of their lethargy and get them to actually do something to wean this country from our dependance on OPEC.
Nobody wants to pay five dollars a gallon for gas, yet we sit back and do nothing while the Saudis and the likes of Hugo Chavez gorge themselves on petro dollars. Why?
Because the pain is still bearable, that’s why. When it hurts bad enough we’ll set wheels in motion that will get us out from under the thumb of imported oil. We’ll have to.
Right after Pearl Harbor - and I mean just days after - America seized every Japanese ship that was carrying rubber that it could get its hands on. The Japanese had a stranglehold on the rubber producing areas of Southeast Asia and we needed rubber for tires. Synthetic tires were too expensive at that time to produce in the massive quantities need for the war.
BUT - by the end of the war synthetic tires had nearly completely replaced rubber tires. And by the 1950’s the price of synthetics dropped dramatically. Because we HAD to, we learned to produce an affordable product that completely negated the need for access to the rubber producing areas of the world.
We need to find a way around OPEC in the same fashion. We’re worrying about skyrocketing food prices and how much it costs to fill our gas tank while Dubai is building hundreds of artificial islands in the Persian Gulf for playgrounds for the rich. With our money. Are we suckers or what?
There is no way anyone can convince me that with the incredible technology we have right this very minute we can’t find alternate sources of energy. Somebody needs to step up and take charge in Washington. Instead of rhetoric, how about some answers?
And some of the answers are right there for everyone to see, but our sleepwalking politicians just miss them. Simple stuff - why not give a full tax credit for the entire cost of installing a solar panel on your home? Or if you live in the country, a windmill for power? Want to save on energy? Produce your own. I’d install a solar panel tomorrow if I could get a total tax credit to do it. I know, I know, it sounds so.....liberal. But it would work. Germany does it now.
And, of course, more drilling to increase our domestic production in the meantime. Damn the political correctness of the issue.
So, yes, it will probably take oil at two hundred dollars a barrel - or more - for our so-called leaders to get off their pasty rears and do something about it. They’re letting OPEC do more damage to this country than all of them put together ever could militarily. And don’t think for a minute many of them aren’t gloating over the economic impact they’re having on us.
They are.
Come on, Washington......let’s try fixing it, shall we? Deadbeats.












