Will cash for clunkers make a dent in the oil reserves?
August 13, 2009
– Comments (12) |
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Link: http://news.yahoo.com/s/ap/20090813/ap_on_go_ca_st_pe/us_clunkers_not_so_green;_ylt=AoIumOuKlZ2kF3by7XAURfT737YB;_ylu=X3oDMTJycjJpaXJoBGFzc2V0A2FwLzIwMDkwODEzL3VzX2NsdW5rZXJzX25vdF9zb19ncmVlbgRjcG9zAzUEcG9zAzUEc2VjA3luX3RvcF9zdG9yaWVzBHNsawNzcGlubWV0ZXIzYmk-
excerpt:
The Transportation Department distributes regular summaries of sales from the clunkers program and has used the electronic sales information from dealers to bolster arguments that Americans are dumping gas guzzlers for gas savers. But its failure to release detailed records means the public can't verify those claims.
"Today almost 200,000 new fuel-efficient automobiles averaging 25 miles per gallon are on the road instead of gas-guzzling trucks and SUVs," LaHood wrote on his official blog just before Congress voted to spend $2 billion more for the government rebates last week.
Link: http://www.agi.it/business/news/200908121758-ene-ren0046-oil_usa_reserves_2_5_mln_barrels_better_than_expected
excerpt: (AGI) - New York, 12 Aug. Last week U.S. oil reserves increased by 2.5 million barrels to 352 million, compared to the 700,000 expected by analysts. The figures were issued by the US department of Energy. Petrol stocks instead dropped by 1 million barrels to 211.9 million (compared to an expected drop of 1.3 million). Stocks of refined products increased by 800,000 barrels to 162.3 million, compared to an expected drop of 200,000.
my thoughts: Every week or evey month we here about how we are trying to get away from the reliance on oil and every week or month I hear that analysts expect our oil reserves to drop. Isn't it odd that every time they say that, the report comes out that our reserves actually increase by a couple million barrels. They must be batting a big fat goose egg on this one.
The one thing I never see is the fact that they are working on supplying vehicles that do not rely on gasonline. The technology is there, but the US government is just blowing smoke and isn't truly committed to the idea of getting us off of oil.
With how much we are putting out for the cash for clunkers program, I imagine we could have shown the same amount to start producing and harvesting cars that run on hemp seed oil. I know, the hemp seed oil thing is getting old....but if the government was truly committed to getting off of oil, then I believe the hemp seed oil should be given a chance.
I guess we can only hope for change in this arena. The cost for the programs by the government are mis-aligned with the outcome that the US citizens deserve. I know there is some benefit from the cash for clunkers, but I think we could see better results with real programs that do not have cars running on gasoline. With the amount of money spent on ethanol alone, we could have real commitment in hemp seed oil that would be front running with gasoline at this time.
Link: http://www.opencongress.org/bill/110-h1009/comments?comment_sort=newest
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