Monday, August 23, 2010

Since the oil prices are rising, how can they be lowered?

Lowing oil prices requires finding an alternative energy source.





Oil is a commodity. The oil producer's profits are based on oil producer's supply and consumer's demand. Like any good marketing strategy, the producer gets the consumer hooked on their product. The addiction results in a willingness to allocate a larger portion of your disposable income on the product. Adoption of large SUVs and long commutes has made the US more dependent on oil (which just happens to be owned by some nasty groups ... Iran, Iraq, Russia, ...).





The price of oil will continue to climb because world supply cannot support world demand. Peak oil may be here:





http://www.a2dvoices.com/realitycheck/En鈥?/a>





The US government should raise the taxes on gasoline to start influencing the public's behavior. Europe pays nearly $9 a gallon for gas compared to $3 a gallon in the US. The delta is taxes. Ethanol is not the solution because Ethanol raises the price of food. Clean Coal is a great alternative to Middle East oil.





Technologies will ultimately help, but a moral society must learn to waste less if they hope for longevity.Since the oil prices are rising, how can they be lowered?
Well, they can be lowered if we had better relations with the people who sell oil. Of course, it'll be a bit worse when we get to the peak of oil production, the point when the decline comes.





I guess it'll be lowered when we find an energy alternative for oil, such as solar, or nuclear energy.





Besides that, I guess it would have to be just having good relations and a massive bulk purchase now, to stagnate the price rising.Since the oil prices are rising, how can they be lowered?
by using less oil and increasing production but that will never happen!
If OPEC would increase production, if demand would decrease, if Venezuela would stop this pissing match with Exxon, if we didn't have so much uncertainty in the middle east, if natural disasters would leave refineries alone, if we could find alternative fuel sources, if we could.....get my point?
Last time we did it by conservation of fuel.


Car pooling.


No road trips for fun.


Using your most efficient vehicle.


The price of fuel did drop.
By either getting OPEC and other oil nations to increase production. They wont do it.


Another suggestion is to regulate and prevent greedy speculators and traders in the oil pits at the NY Merc where the price of oil is determined.
  • soft lips
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