Wednesday, February 9, 2011

What's this I am hearing about oil

Two separate reports today have got me wondering. First Wikileaks has a report out that well who knows about the credibility of wikileaks, but they are questioning the validity of Saudi Arabia's oil reserves. Also the radio states gas may reach $5 a gallon late this year or early next year. Either way for all of us who plug along, go to work daily etc the news doesn't sound that good.

Still amazes me to this day that we are still working with oil as our main source of energy/means of transportation. It is high time we got over this obsession with oil. I am trying to figure out what is it going to have to cost before we realize oil isn't the answer anymore.

Oil companies are very willing to spend super fortunes to drill in remote places. It is just time to quit spending the money, effort, and resources to chase this dying resource.

If the US would become the leader in alternative energy production our whole economy will turn around. Just like oil in the first half of the 20th century helped drive our independence and economic growth, new energy will do the same for the 21st century. It is time the moneyed people in our country stopped the madness and started investing in this country's future.

I could go on forever and ever about this, but I am afraid only continued economic disaster will get us off oil. We can prevent more problems by being proactive about our future. Lets hope we make the decision before we fall off the cliff.

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