"Roger" wrote in message
...
On Thu, 20 Apr 2006 13:38:12 -0400, "Juan Jimenez"
wrote:

"Doug" wrote in message
groups.com...
There is no limit really. Name something else you can put in a tank and
burn that is less expensive. Alchohol? Biodiesel? Electric? Right now,
all of those are more. There is a pretty good chance it will go back
down, SOME. But I doubt we will ever see it under $2 again.

That's what they were saying in the 70's during the oil embargo... It will
come down.

This is a whole different set of conditions than what we saw in the 70's

Not really. It was an artificial increase then and its artificial now. The
media keeps talking about "jittery traders" and all that crap the citizens
of the US swallow hook, like and sinker.

*Only* and I emphasize "only", if we reduce the amount we use and keep
it there will prices come down. However it is in the best interests
of both the environmental and industrial groups to see the price go to
$3.50 and stay there. That is where alternative and environmentally
friendly fuels become economically competitive on a large, or nation
wide scale.

Alternative fuels are here now. The problem is not the ability to produce
them, but rather the interests of the companies that would lose a ****load
of money if they are available at their true price. Ethanol has been proven
viable in places like Brazil. Biodiesel is also quite viable. Propane has
been used in cars for decades now in alleged third world countries. IMO it's
like pharmaceuticals. When it comes to prescription medicines, the companies
and the government screw their own citizens? Why? Because they can.


*** Posted via a free Usenet account from http://www.teranews.com ***