Comments on: 2 Critical Reasons to Cut Back on Petroleum Combustion

By: Nicholas Brown

Nicholas Brown — Fri, 02 Aug 2013 18:42:00 +0000

Unfortunately, drilling for more oil does not increase supply. It increases production *capacity*. Oil companies also sell it overseas at over $100 per barrel.

It is not in their best interest to reduce oil prices for Americans as it would reduce their profits, and they don’t have any humanity in them, therefore, they don’t do it.

They are actually selling U.S. oil overseas.

By: Anonymous

Anonymous — Sun, 30 Oct 2011 05:43:00 +0000

What technical problems?

We don’t really have technical problems any more. We have policy and accounting problems.

By: Ed

Ed — Sat, 29 Oct 2011 18:12:00 +0000

What school did you get your Phd in economics. You only talk about the demand side. You totally forgot about the supply side. If you increase supply, price of fuel will go down as well as all of the downstream products that rely on transportation to get the products we need ( food) to market. We have to keep prices down on everything so the economy can recover and start providing more jobs. The other side of the problem is to reduce demand. As we replace our older vehicles, we should be considering purchasing vehicles that get better gas mineage. Did you know that the US is reducting gasoline by 1% a year for the last 5 years. However ,China and India are picking up the slack and more. For the next ten years, we need to get as much domestic oil as we can get , while alternative energy ideas overcome the technical problems faced by the energy industry.

By: Jimsjewlery

Jimsjewlery — Fri, 28 Oct 2011 22:22:00 +0000

Hemp oil can replace any petroleum based lubricant or product and with a three month life cycle and indoor cultivation it can produce all we would ever need.