Wednesday, 17 December 2008

Energy cricis still alive and well!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

I just wanted to draw attention to coleman's last comment on the Energy cricis post. Oil is cheap now so we are all happy and it will never be expencive ever again right???? Wrong!!!!!!!!! Just because it is cheap now doesn't mean it is a renewable resource and it will never run out! To put it in laymans terms Barack Obama's plan for oil will increse the tax so that the price will always be the same until supply and demand take effect, and with the extra money he will fund alternative energy ideas.

16 comments:

Alina said...

I think because gas is cheap, ppl will buy more of it and make it expensixceve again...
Love,
Alina

Coleman, who loves Virginia Tech because they have 6 straight 10 win seasons (only Texas can also say that (not Florida, not GT, not UGA, etc.)) said...

You'd be suprised. Experts are expecting oil will continue to drop. If crude oil drops another $10 a barrel-considering how much it has benn falling lately, pretty easy-gasoline will drop below $1 a barrel.


I will make a blog about politics, the government, energy, etc. sometime soon.

Coleman, who loves Virginia Tech because they have 6 straight 10 win seasons (only Texas can also say that (not Florida, not GT, not UGA, etc.)) said...

If the price of crude drops a few more dollars, gas will hit $1 a barrel.


Oil's all-time high reached earlier this year was $145 a barrel. Now it is at $36 a barrel. It went from $4.11 a gallon to almost $1 a gallon. Several years of gains in oil are being undone in a few months. The energy crisis is over.

Love,
Coleman

Mrs. G said...

I read yesterday that the OPEC countries are making a move to reduce production to try to get the price back up.

An energy CRISIS may be over, but the energy ISSUE remains.

Coleman, who loves Virginia Tech because they have 6 straight 10 win seasons (only Texas can also say that (not Florida, not GT, not UGA, etc.)) said...

Oil has dropped so low that in January we might see gas below a dollar a gallon. Even the production cut isn't expected to stop the fall.


Hee hee! The word verifacation is 'apples'!

Coleman, who loves Virginia Tech because they have 6 straight 10 win seasons (only Texas can also say that (not Florida, not GT, not UGA, etc.)) said...

I spelle verifacation wrong, didn't I.

This time the verifacation is 'spree'!

Coleman, who loves Virginia Tech because they have 6 straight 10 win seasons (only Texas can also say that (not Florida, not GT, not UGA, etc.)) said...

I was the only person who voted for my thing.

Love,
Coleman

Kelly said...

This post is boring and hurts my eyes. Btw my word verification is roppre!

Alina said...

OMG! I made my first rockin awesome utube video!! Check it out!!
http://www.youtube.com/watch?v=FLrCMF3xMA0&feature=channel_page
Love,
Alina

niki(: said...
This comment has been removed by the author.
Coleman, who loves Virginia Tech because they have 6 straight 10 win seasons (only Texas can also say that (not Florida, not GT, not UGA, etc.)) said...

Oil is down 12% for last week!

(: *sabrina* :) said...
This comment has been removed by the author.
Alina said...

My blog is awesome! check it out!
http://alinalovesu.blogspot.com/
Love,
Alina

niki(: said...
This comment has been removed by the author.
Alina said...

haha well 2 bad he gave it 2 moi sucker!!

Alina said...

Love,
Alina