Are lower gas prices good for America?

August 30, 2008 — Leave a comment

A couple years ago I blogged about ExxonMobil having record 3rd quarter profits because of higher gas prices. Since then almost every major gas company has had record profits every quarter. It hasn’t just been hurricanes driving up prices. The actual price of oil per barrel has shot up, too. It’s been a trend that has been no fun, but I’ve gotten used to it.

My former response was to get mad, but I don’t really get angry anymore. It’s not that “Big Oil” has won, I just have a different perspective thanks mainly to my brother-in-law, Chris. He helped me realize that the only real way that we’ll see any significant changes to our nation’s policies on drilling for oil and building refineries was if there was an outcry from the entire nation. I believe that time is finally coming.

You see, as much as Barack Obama wants to believe that keeping our tires properly inflated and cars well maintained will reduce our dependence on foreign oil it really won’t. There will be more people in America driving more cars for the foreseeable future. While those cars will probably get better has mileage they will still use gas. Even with a reduced dependence on foreign oil their will still be a dependence.

The only way that our country will truly be able to make significant strides in having a sustainable plan for energy indepence is to start tapping into the natural resources that are available within our borders and to build more refineries to turn those resources into usable fuels. I heard a guest on Glenn Beck’s radio show comment that the very reason that we purchased Alaska in the first place was becuase of the resources (oil) that were available there. I don’t really know if that’s true or not, but it’s a good place to look.

Turn on the drills and let that black gold flow!!!

Kevin

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