Barack promised before elected to his first term he'd get gas prices under
control.Is this what he meant? And no, I'm not talking about
just the summer bump
This is similar to what Utah promised when they joined the PAC 12. All
promises, no delivery, Chris.This isn't news, by-the-way,
it's a continual rip-off.
This isn't bad. I don't remember the President promising to control
gas prices. I think he knows better. A few republican candidates made some
pretty wild promises, though.
@chris b Wasn't it republicans that claimed gas would be well
over five dollies a gallon by now?
toystory,I can't judge what Romney said because he wasn't
given a chance.We can only judge barack against what he said.He told us he'd get them under control.He
hasn't.He told us he'd cut the deficit in half in his
first term.He didn't.
... and the price of wind in Milford and Spanish Fork? the same as the day they
were installed... and their prices are locked in for their 20 year contracts.
The beauty of renewable energy resources is that they're price stable and
predictable -- unlike oil, gas, and coal.What's even more cool
is that both wind and solar projects are getting cheaper to build, meaning that
subsequent projects will have even LOWER locked-in prices going forward. The more oil, coal and gas we burn, the higher their prices. The more
wind and solar we install, economies of scale lower their prices. Iowa is
getting about 25 percent of their electricity from wind. Idaho is getting about
10 percent from wind. It works! And studies show that the more renewables you
have on the system, they diversify the portfolio, so ALL fuel prices
decrease.The problem with oil is that there are no substitutes to
reduced costs, whereas electricity can come from multiple sources. If we all
had electric vehicles, we could enjoy lower, diversified electricity for our
transportation. Was in Silicon Valley a month ago -- amazing how
electric vehicles are becoming more common with charging stations practically
Detroit wanted America to use oil and now their bankrupt.
Oil is a global commodity, it's sold to the highest bidder, and demand
elsewhere in the world drives up our costs here. Unless Congress passes a bill
saying oil drilled here has to stay in America, then there is little congress,
or a president can do to control the price of gasoline, though admittedly many
politicians will promise otherwise. Sure we could drill more, but the US is
already in a pretty large oil and gas boom and it hasn't seemed to help
much. Meanwhile oil companies continue to be the most profitable companies in
the world, and we continue to subsidies them with our tax dollars. Nothing to
see here, move along, move along.
And yes, I will gladly pay a bit more to have stricter EPA standards. I like to
be able to breath.