Re: NickD, much must be done.
by
NickD
07/13/2008, 11:40 PM #
France is still just storing their radioactive waste on site. it will have to be paid for and managed for a very very long time, the length of time required to safely monitor such waste is currently longer than humans have enjoyed civilization. It doesn't mean we shouldn't keep looking for an answer.
If we simply start allowing refineries that want to expand, to expand, there would be an immediate reaction on the futures pricing. Within weeks we would see an easing of prices. They simply sit and wait with prints in hand, parts ordered and skilled crafts people at the ready, waiting for permits. Bush could have ordered those permits passed by the EPA a long time ago. The EPA is controlled by the executive branch and many of these permits have languished for years. Anyway the expansion projects would immediately create thousands of good paying jobs and cause a drop in futures pricing.
Ethanol can be part of the answer. Its actually a very beneficial additive to gasoline. During years of surplus, ethanol can act as a price protection for farmers and ease the need for farm subsidies. During years when harvests are thin ethanol should not be used for fuel. Food should always come first.
Bush just killed a clean coal plant that has been in the planing stages for years. He killed it for parochial political reasons. There are other coal plants being built and many more having scrubbers constructed to allow for the production of more electricity from coal.
With all due respect, this world of hurt has been brewing for a very long time and until recently the GOP has had control of all branches of government. Its a bipartisan dropping of the ball. I am disappointed in Reid and Pelosi both, the working men and women they are supposed to stand for need good paying coal and oil jobs now.
Obama will let us use our coal and I am sure he will let us expand our refineries. I am not in agreement with his stance on all drilling. 1/3 of the worlds oil is in Alberta Canada, Canada is in favor of recovering it so all we really need is to expand our refineries and use our coal while we develop the cleaner alternative sources of energy for the future.
Those waiting for the magic bullets will cause our nations working class to lose everything they own, and the middle class to collapse.