posted on Jan, 17 2011 @ 01:07 PM
While it is tempting to blame the Democrats for not only the rise in prices but also the media apathy towards it, I do think there are several other
issues at play here that have drawn attention away from the increasing cost of gas. The last time this happened (and as others have pointed out,
prices were even higher, so the shock really won't set in until prices eclipse the last record highs) the economy wasn't as bad off and unemployment
wasn't so high. It is these things IMO that distract from a focus on high fuel prices; many people who are out of work aren't driving as much and
have more pressing problems to worry about.
But, I have been seeing some news coverage (albeit on Fox News, not so much on "regular" local stations) about the rising gas prices. I saw a story
today predicting over $4 a gallon this summer.
I agree that it would truly suck to have to pay as much as some other countries do for gas; though I suppose I am less sympathetic for very tiny
countries that would fit inside some of the smaller US states - while your prices may be double or more what ours here in the US are, you drive far,
far shorter distances + being that you live in tiny countries you have good mass transit because there's a lot less distance to cover all together.
Australia is a huge country, so I do feel bad for you guys, but part of your problem is also that you are an island country with little fuel resources
of your own. Therefore you must buy oil and have it shipped long distances to supply your energy needs. I suppose the same might go for Ireland and
the UK, though you are a much smaller country and are close to the mainland so the same logistical issues don't really apply. Agreed with other
posters that a very large part of your problem is fuel taxes.
As for causes, I have heard that some of the oil shortages (meaning shortage of what is currently being tapped; not what is still available to be
pumped out of the ground) are due to up and coming industrial powers like China. They are becoming a huge industrial power and are consuming vast
quantities of oil and coal. In other words - same amount of oil being recovered, but more people who are using it. A pox on the Obama administration
for doing everything it can to obfuscate and obstruct the continued and potential expanding uses of oil and gas reserves right here in the US. You
can't close one door without opening another - there are better energy sources out there but realistically it takes time to implement them + it will
take time for prices to come down to a point where these alternatives are available to all, as fossil fuel powered systems are today. In the mean
time there's no point in trying to artificially strangle off one resource when the replacement is far from ready.
It can take up to 20 years to get a nuclear power plant built and online, + it will take years for the prices of electric cars (not to mention the
utility and reliability being comparable with traditional gas powered cars) to come down to match those of similar gas-powered models.
Rising fuel prices might spur some people to move away from fossil sources, but they could also further crush the poor person who can only afford an
old gas-powered beater (rather than a Nissan Leaf) and has fuel oil or natural gas as the only option to heat his house. You might be able to ride a
bike when the weather permits, but how do you heat your house? I heat with firewood (actually I got my heating oil bill last fall and promptly turned
my furnace off completely; 325 bucks for 100 gallons of oil is b.s.!) and work from home so thankfully I am insulated from some of these price
increases, but still I have to eat and if I don't leave home I have to pay delivery services to get business products to me and finished pieces to my
customers.
In the mean time I think we here in the US (and maybe if we have more of our own oil we might be able to sell some cheaply to those countries that are
only getting it from the middle east oil cartels) should do what we can to increase recovery of the oil and gas resources we already have while
working to build more nuke plants and making alternative fuel products that are affordable, reliable and can directly compete with those powered by
fossil fuels.