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more on A question for non USA IPers5 bucks a gallon for gas?


From: David Farber <dave () farber net>
Date: Thu, 18 Aug 2005 05:00:01 -0400



Begin forwarded message:

From: Dave Swarthout <daves () xyz net>
Date: August 17, 2005 5:14:33 PM EDT
To: dave () farber net
Subject: RE: [IP] A question for non USA IPers5 bucks a gallon for gas?


Dave,

Gas prices here in Alaska are about $2.45 per gallon. But that's not the
point of this post.

I for one think that high gasoline prices are exactly what this country
needs to force us to slow our consumption of this most valuable commodity.
As it is, we've fought wars all through the 20th century to maintain or
guarantee our oil supply. All that nonsensical talk about WMDs in Iraq, the billions in aid to Middle East countries, our marriage of convenience with the horribly repressive Saudi regime, have to do with maintaining a presence
in the Middle East because of the oil reserves there.

Should we open ANWR for drilling as Mr. Konkol suggests in his post? No way.
Not when our fleet gas mileage has dropped in recent decades. We need an
approach to transportation that doesn't rely on the same old "find it, drill it, refine it and burn it" mentality. When will we Americans see the light? Our insatiable appetite for oil is costing us much more than mere dollars.
Every American killed in Iraq has died to provide us with oil. Period.

Dave Swarthout
Homer, Alaska


-----Original Message-----
From: David Farber [mailto:dave () farber net]
Sent: Wednesday, August 17, 2005 10:49 AM
To: Ip Ip
Subject: [IP] A question for non USA IPers5 bucks a gallon for gas?


How much has gasoline prices at retail increased over the past year
in your area. A percentage would be very good.

Dave



Begin forwarded message:

From: EEkid () aol com
Date: August 17, 2005 9:07:44 AM EDT
To: dave () farber net
Subject: 5 bucks a gallon for gas?


5 bucks a gallon for gas? Expert sees it in 2006

August 17, 2005

BY MARK J. KONKOL Transportation Reporter
Advertisement




If you think all this flirting with $3-a-gallon gas is already a pain
in the pocketbook, brace yourself.

Oil expert Craig Smith predicts gas prices will skyrocket next year,
jumping to five bucks a gallon.

And if terrorists successfully strike a major Middle East oil field,
Americans might end up paying $10 a gallon -- about $110 to fill a
Ford Focus' 11-gallon tank.

Smith, a self-proclaimed geopolitical know-it-all hawking his new
book Black Gold Stranglehold, says Americans -- tree-hugging
politicians and car-addicted commuters alike -- should blame
themselves for the coming spike in prices.

"Why are they charging higher prices for gas? Because people will pay
it. Apparently, we're not changing our driving habits much," he said.
"Blame this on ourselves. This country has not built a new refinery
in 30 years, we stopped new oil exploration . . . and put a
moratorium on offshore drilling."

Smith -- who last year predicted $3-a-gallon gas and $65-a-barrel
crude oil prices this year -- says oil prices will jump to $80 a
gallon by the end of 2006.

On Tuesday, the national average was $2.52 a gallon, according to
AAA. And the price of gas topped $3 here last week.

If you don't believe the average cost of gas will double in 12
months, Smith points to places such as Hong Kong, Korea and France,
where gas prices regularly top the $5 mark.

The solution here for high oil prices: "find it, drill it, refine it
and burn it" domestically, Smith said, pointing to untapped crude
reserves in Alaska, Colorado, Utah, off the California coast and in
the Gulf of Mexico.


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