[asa] $4 gas is here to stay

From: Dave Wallace <wmdavid.wallace@gmail.com>
Date: Thu May 22 2008 - 18:51:53 EDT

http://money.cnn.com/2008/05/22/news/companies/ford/index.htm?cnn=yes

  Ford's trouble: $4 gas is here to stay

    Gas prices are causing consumers to shun pickups and SUVs, leading
    to losses at the car maker's North American auto unit.

The article goes on to say that Ford expects the price to remain where
it is for next 18 months or so. Yesterday I paid 5.40 a gallon for
diesel fuel in Kingston, Canada, This energy crunch should encourage
alternate development as well as conservation. Question is it early and
drastic enough to reduce the carbon going into the atmosphere??? Who
knows how things will play out. We want to visit our daughter in
Oklahoma in early December. I priced train travel and it is almost as
expensive as air is currently and train is much more expensive if you
don't want to sit in a passenger seat for 36 hours or more. We
certainly need to run more passenger trains and lay down track, likely
that was ripped up a few years ago but often making lines dual track and
or having dedicated passenger tracks.

Wish we got fuel for the US price up here in the frozen north, or at
least I do when I fill up but not when I think of global warming. Today
has been so cold in the cottage that I had to run a radiant heater
towards me. Unfortunately I left my long johns and winter clothes at
home in Ottawa.

It sure would have helped the public image had the climate models
included the oceanic temperature effect which may slow down or stop
warming over the next decade or so. The newspaper columnists here tend
to scoff at global warming except those who in all their thinking are
far to the left of some current executive candidates in the US. These
columnists seem to want anything that allows the government to spend
the GDP rather than individuals except of course no armed forces.

Dave W (asa member)

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Received on Thu May 22 19:16:58 2008

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