I am just looking thru some brochures about wood burning stoves and contemplating the huge price hikes in oil, gas and coal. All the necessities essentially of powering our autos and heating our homes have as everybody knows went thru the roof.
The oil barrens put up the price of oil when there's a business crisis. Then when there's a boom they put it up again as they say the demand is too high. What gives and who’s truly controlling this monopoly that eats away huge chunks of the average household’s bills.
Haven’t we got enough oil reserves here in the U.S. ? Why will we need to import so much black gold? Scientist’s are the motor industry and rapidly pursuing new technologies to counter balance the supposed shortage of ordinary fuels. Hydrogen fuel cells are said to be the way forward. Well if so what’s keeping it so long?
Will the oil industry attempt to discredit the technology or are they going to get in on the act and take the gas station monopoly and transfer it to a hydrogen station and electric charger point dynasty?
If so then the price we are paying now will be precisely the same as when the state-of-the-art technology comes in, apart from the incontrovertible fact there will often be an additional “green” charge put on top of that. Well if you think we are bad, folk in The UK are paying 3-4 times more than us for fuel. The tax levy of fuel in England is astronomic. Petrol as they call gasoline has about a 70% tax levy.
Pretty steep. The salary there are rather low in some bits of the country as well and food is almost double the price of America’s. As you can imagine it would be a pretty hard place to live in you were on a lower income wage. Not to mention the lack of sun!
Remind me not to emigrate soon, that will be like leaping out of the proverbial over taxed frying pan into a much bigger taxed red hot fire.
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