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63 Miles Per Gallon?
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<blockquote data-quote="soberups" data-source="post: 806095" data-attributes="member: 14668"><p>If gasoline were $6 or $7 per gallon at the pump....which is closer to its<em> true</em> cost anyway when you factor in the enviornmental costs of drilling,subsidizing tax breaks for the oil companies, and the cost of maintaining a military presence in the Middle East....it would <em>not</em> be cheaper than buying a more fuel efficient vehicle. And if petroleum-based gasoline were taxed to make it $6 or $7 at the pump while a locally produced renewable biofuel that <em>wasnt</em> subject to that tax were only $3 or $4....the free market would very quickly begin meeting the demand for vehicles that could use such fuels.</p><p></p><p>I believe in capitalism and the free market, but the free market concept doesnt work when you are talking about a finite, irreplaceable resource such as oil. There is only so much recoverable oil on earth, and once it has been consumed it is gone forever. All the money in the world wont be enough to buy something that no longer exists. We are currently transitioning to an oil-free energy economy, whether we like it or not. How painful that transition winds up being is pretty much up to us.</p></blockquote><p></p>
[QUOTE="soberups, post: 806095, member: 14668"] If gasoline were $6 or $7 per gallon at the pump....which is closer to its[I] true[/I] cost anyway when you factor in the enviornmental costs of drilling,subsidizing tax breaks for the oil companies, and the cost of maintaining a military presence in the Middle East....it would [I]not[/I] be cheaper than buying a more fuel efficient vehicle. And if petroleum-based gasoline were taxed to make it $6 or $7 at the pump while a locally produced renewable biofuel that [I]wasnt[/I] subject to that tax were only $3 or $4....the free market would very quickly begin meeting the demand for vehicles that could use such fuels. I believe in capitalism and the free market, but the free market concept doesnt work when you are talking about a finite, irreplaceable resource such as oil. There is only so much recoverable oil on earth, and once it has been consumed it is gone forever. All the money in the world wont be enough to buy something that no longer exists. We are currently transitioning to an oil-free energy economy, whether we like it or not. How painful that transition winds up being is pretty much up to us. [/QUOTE]
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