Aviation fuel - price of crude...

Yeah, lets pump it all out today leaving nothing for the future. Further
petroleum development is not really an answer, supply is going to contract
anyway. Even if there were no restrictions to drilling in the US, the price
wouldn't be affected very much. Far more could be saved through
conservation than could be produced through increased production and the
saving through conservation can be continued forever. Four years ago, GWB
decided not to increase the scheduled CAFE increase for automobiles. So
now, four years later, we have 50,000,000 cars which are getting about 10%
worse fuel economy than they would have if the increase was implemented.
That is just one example. Because we as a nation are so stupid, driving
14mpg cars 50 miles each way to work, the free market is having to impose
disipline by raising the price until some incremental demand is choked off.
I'm as guilty as anyone, flying my own airplane around buring hundreds of
gallons of fuel, but at least I'm not complaining about the outcome. It is
working, sales of SUVs are declining and soon people will start thinking
about how far from work they should live.

Total worldwide oil production will peak this decade and start to decline
regardless of exploration activity. Petroleum is a finite resource with
constantly increasing demand....its pretty simple where that leads...

Mike
MU-2


"kontiki" wrote in message
...
Up above $53/barrel now.... Can we *puhleeeze* start developing our own
oil
in Alaska; off the coast of Calif. and the gulf now??? Or should we
just
keep on doing what we are doing ... nothing... in total denial and keep
paying
out the anal cavity to other countries.

In my opinion it is way past time to start developing our own oil here at
home.
Put Americans to work and help our own economy at the same time and reduce
the trade deficit while we are at it. And why not start building a few
more
nuclear power plants to replace some aging fossil fuel plants????

But NO.... if the environmentalists have their way we'll be paying $20
a gallon for gas (GA will no longer exist) and we'll be reminiscing over
some ripped and out of date sectionals by candlelight.