Regular gas just hit $4.07 a gallon here. My prediction is that the common man will suffer a psychological trauma on Monday. The common Joe, the person who... makes under $125,000 a year and has a mortgage, one or more car loans, and several thousand dollars in credit card debt.. is going to feel kicked in the gut.
There are two wars going on right now and oil is at the bottom of both. The War between the US and Radical Islam is a religious war with oil and our prosperity as a major factor.
The War between the common man and Radical Environmentalism get even less press, and no "balanced" press. I have a business colleague who attended college in Maine. But, I heard him say one day, "We'll put it on the Net and save a tree." I called him silly because, despite his education there, he didn't see trees as a crop! They are raised and people are paid to turn the crop in to paper. He had been indoctrinated into the anti-Capitalistic cult of Radical Environmentalism.
Radical Environmentalism keeps us from drilling in Anwar. Did you know that the Anwar Reserve is about the same size or smaller than LAX? Okay, let's turn LAX into a preserve and drill holes into the Anwar reserve, okay? Overall, that would have to be better for the common US citizen.
The Chinese have permit from the Cubans to drill for oil 50 (fifty.. five zero) miles from Key West. I live in the Florida Keys. I would much rather have US rigs taking the oil then Chinese rigs!
Senator Bill Nelson, our Democratic Senator from Florida, recently sent me an email proudly announcing that he was going to "protect Florida's $500M tourist industry" by not allowing any US drilling in Florida waters. He didn't mutter a word about Cuban/Chinese drilling and what that would do to our tourist industry. The man is making bad decisions. The only reason I can fathom for these anti-common man decisions is that he is getting "contributions" from either oil interests who want to keep prices high or from radical environmentalists who are in pursuit of power.
Bill Nelson is wrong. Drill here. Drill now. Build coal to liquid plants, build nuclear, and build up-to-date solar-to-electric. The politicians inside the Beltway listen to different voices. They are on the wrong side of the war with the common man.
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