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There are two sides to every coin, and a choice with every decision. which one you make is up to you and only you can decide what is best for you.
Mine.... I have a camaro ss and Z71 full size truck. I commute 60miles one way to work. Gas going up $5 will definatly effect my budget.
I currently spend $400 a month on gas just for work. That goes up to $850 a month at $5 a gallon. I have a choice to make. Settle for a job closer to home that pays less and give up something. Or keep my current job and when gas hits $5 gallon give up something.
Either way I loose when gas goes up. When gas goes up everything else you spend money on goes up.
Getting away from oil will not happen in our lifetime. Your grandchildren may experiance it but no one alive today will. Alternative fuel sources are currently way to expensive to be used by the masses. Oil is relitivly cheap and abundant in comparison to alternative measures.
One can not expect to simply mow down the weeds and wonder why it keeps growing back. You must get to the root of the problem and quit putting a bandaid on sucking chest wound.
If supply and demand truly reflected $5 a gallon, Oil companies would not be making HUNDREDS OF BILLIONS of dollars in PROFIT every year.
This is the 2010 Oil Company Profit reports:
Exxon Mobil Oil and gas $301.5 Billion
Royal Dutch Shell Oil and gas $278.188 Billion
BP Oil and gas $246.138 Billion (even with the payout of the gulf oilspill)
Saudi Aramco Oil and gas $233.3 Billion
Sinopec Oil and gas $197.019 Billion
Total S.A. Oil and gas $189.19 Billion
Chevron Oil and gas $167.402 Billion
ConocoPhillips Oil and gas $152.84 Billion
PetroChina Oil and gas $149.3 Billion
Eni Oil and gas $121.507 Billion
Gazprom Oil and Gas $104.02 Billion
These are just the 100 Billion + profit Club. add that up and it = 2.139 Trillion dollars in profit.
I vote to regulate world wide oil price to no more that $60 dollars a barrel. that would lower gas prices to around $2 a gallon.
If the oil companies can't tighten up thier belts and live with a few billion less in prophit on thier own, then they should be regulated.
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