Wednesday, January 16, 2008
Energy Depression
Actually, the problem isn't energy depression, but BestView depression because of the sorry situation we find ourselves in with respect to our energy policy. It is depressing to see our President in Saudi Arabia begging the sheiks to increase the supply of their oil instead of fighting to increase our exploration for oil here at home. The American people bitch about paying $3.00 for a gallon of gas and yet won't let our elected official drill for oil off our coasts or in ANWAR. At the same time, we are allowing 20% of our corn crop to be diverted to ethanol production which increases the cost of food. This diversion makes up only 4% of the fuel our cars burn, but the government continues to place a $0.54/gallon import tax on Brazilian ethanol so it is not economical to use their ethanol instead of subsidizing our corporate farmers to the tune of billions per year. Don't look for the pitiful politicians currently running for President to change the situation, either.