Re: [asa] $4 gas is here to stay

Speaking of $4 gas.

Can someone explain to me why we should be bothered by $4/gallon gas
in light of the world economy?

Prices in Europe historically are at least twice that. See http://www.eia.doe.gov/emeu/international/gas1.html

Is the difference the way Europeans and others with higher prices tax
gas? Or is it a matter of local supply?

I'm wondering why all our politicians aren't facing the issue head-on.

TG

On May 22, 2008, at 4:51 PM, Dave Wallace wrote:

> 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)
>
>
>
>
> To unsubscribe, send a message to majordomo@calvin.edu with
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________________
Terry M. Gray, Ph.D.
Computer Support Scientist
Chemistry Department
Colorado State University
Fort Collins, CO 80523
(o) 970-491-7003 (f) 970-491-1801

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Received on Thu May 22 23:43:02 2008