PSYKOSTEVO
Banned
- Apr 11, 2008
- 194
- 0
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Europe is VERY VERY VERY urban. The US is VERY VERY VERY VERY SUB-urban. We drive so much more it's not even funny. I don't want to say that we need to become Europe, but we do need to take a few steps to become more urban or more independent of oil. Instead of driving to go to lunch, pack your lunch and stay at the office or walk down the street to the restaurant to get something to eat instead of driving. It's not all supply and demand, but it is a part of the oil prices and less supply = more surplus in the world and gas prices will fall. I mean, if the US were to stop buying gas completely I would bet money that oil would drop to $10 a gallon or less because of the amount of surplus in oil there would be.
If we spent the hundreds of billions of dollars from the past few wars we fought (Might actually be in the trillions) on public transportation and other important infrastructure our country would be amazing. But as for now we are resorting to nothing more than the modern version of riding our horse and buggy down the ol' dusty trail.
And as for oil prices, did anyone see Mahmoud's comment to OPEC that the current price of oil does not reflect the supply and demand. Demand is slightly down, and the oil companies are actually sitting on a surplus. They are pumping more than we are buying. He openly said that the reason the price of oil is so high is that there are political and economic forces at play that are trying to purposefully collapse the economies of certain countries and that it is un-called for. All of that from the guy who's country is the worlds 4th largest oil exporter.
He wants OPEC to evaluate the corruption amongst their people and take corrective action to restore the price of oil to where it should appropriately be and stop experimenting with the worlds economy.