Never fear, Big Oil has a solution for you!
Yesterday a Senate Judiciary Committee brought Big Oil execs in to help answer questions about why the price of oil is so high. Their answer to the question outrages me:
The executives pushed the idea that large parts of the U.S. that are currently closed to drilling – like sections of Alaska, the Rocky Mountains and the continental shelf – should be opened.
“The place to start the free market is in our own country,” said one executive. [The drilling ban] sets the stage for OPEC to do what we are doing in our own country, and that is effectively limiting supplies.”
John Lowe, executive vice president of ConocoPhillips, said Congress should enact a balanced energy policy. In addition to lifting the drilling ban, such a policy could include measures to encourage alternative energy sources, remove the ethanol tariff, promote energy conservation, cut regulations around refining. “We must work together to find a real solution,” said Lowe. “U.S. oil companies should be viewed not as scapegoats, but as assets.”
The executives also named several things that Congress should not do, first among them being a hike in taxes or an undoing of the mergers of the late 1990s.
“Americans need companies that can effectively compete for access to new resources,” said Peter Robertson, vice chairman of Chevron. “Punitive measures that weakened us in the face of international competition are the wrong measures.”
The executives also frowned on a recently passed House bill giving the Justice Department the power to sue OPEC, saying it would have little effect in boosting production.
You should read the whole CNN article if you have time. My understanding of the Big Oil’s response though is that they should not be blamed for the higher gas prices. Rather, the fact that we are not drilling in Alaska and the Rocky Mountains is the real cause of the ‘pain at the pump’. Their main solution then: rape and pillage the land. Sucking it dry in the name of saving a buck or two. I mean really why pay any attention to environment stewardship and future generations when the solution to cheaper gas is so simple, right?
I don’t know about you, but I am tired of big business running my life. It bothers me that the rich and powerful have more of a say. Yes, I do not like the high prices of gas. But I am not willing to sacrifice the earth for cheaper prices. Not to mention that drilling is not the only solution to the problem. There are many other solutions that completely take Big Oil out of the equation. For instance run your car on used vegetable oil. It may not be as convenient, but I love the fact that it totally subverts power.
If you want some more information on converting your car, check out the video below of Aaron Weiss explaining how they did just that to their tour bus.









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