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Why Should Gas be $5 a Gallon – at least

posted March 28, 2007 - 11:53am
Why Should Gas be $5 a Gallon – at least

When I first heard this argument I thought the guy was nuts! We are a cheaper-the-better nation of WalMart shoppers after all, aren’t we?

The trouble is, the guy was not nuts… He was Tom Friedman, the well-known NYT columnist whose views I respect a lot. So why would someone like Friedman risk his reputation by advocating a huge hike for at-the-pump gas prices?

Simple. For energy independence, for one. And so that the pride of our youth would not die in the hellholes of the Middle East.

I’m not mentioning “Afghanistan” because that’s something else. They hit us first and we had to go and clean their clocks. It’s as simple as that.

But Iraq? More and more I’m convinced that if the gas we use for our cars and trucks was at least $5 a gallon, we wouldn’t be in “Falluja” or “Anbar Province” today.

Let me try to explain…

The reason why we are so tangled up in the Middle East, humoring two-bit dictators and monarchs, is simple – oil. Everybody knows that.

So how come we cannot develop alternative sources of energy?

Is it because we don’t have the technology? No, of course not. We have figured out the ins and outs of the wind, solar etc. based energy technologies better than anybody else in the world thank you.

So what is holding us back? One word: PRICE. As long as gas is sold for $2 or $3 a gallon, these other energies are not “economically feasible.” And as long as they are “not feasible,” we’ll never use them.

Would you buy a hi-tech energy-cell operated car if it costs you $500 a month to replenish its fuel -- in contrast to spending only $250 on gasoline? Of course you wouldn’t.

But what if gas also starts to cost you $500 a month? Then would it still be worth it to send our precious men and women to fight and die in the Middle East in order to protect our “strategic national interest” in oil and gasoline? Of course not.

But wouldn’t such an “artificial scarcity” double up the already outrageous profits of oil giants? If not planned and regulated carefully, of course it would.

There has to be a mechanism to make sure that the extra income from higher gas prices would directly go to the development and implementation of new oil-free technologies. Pump all that extra cash to the hungry minds in Silicon Valley and see what happens!

I don’t know about you, but I’m willing to pay $5 a gallon (and not drive as much as I used to) in order to help develop alternative and 100% US-made technologies to break our deadly dependence on Middle East oil.

Until we take the courageous step of disciplining ourselves and creating a regulatory mechanism through which extra revenues would immediately be channeled to new technologies, not only our children but even grandchildren will continue to pay the very high cost of our gas-guzzling lifestyle on the cheap.



Comments

Five dollar gas? Are you

Five dollar gas? Are you really sure you'd be willing to pay for that? You do know that it wouldn't be just the gas price that would increase, right? Here's the problem with that. Fortunately, oil is pretty abundant at this time in our civilization. It is the resource that drives economic prosperity and allows us to research and develop new ideas and technology by providing us with cheap energy. Right now, wind energy is about 100 times the cost of oil or coal energy to the average consumer. Raising gas prices won't make wind technology any cheaper...it will only drive us into a recession. If it is independence from Middle-Eastern oil that we want, why won't politicians allow us to get it from our own soil? This Tom Friedman guy apparently doesn't understand economics, and neither do most Americans for that matter. What he and many other people also don't understand is that energy companies are already exploring new options and have been for a long time. But they also know that oil has been a fairly cheap energy source that is affordable to most Americans. Are we just supposed to force them to stop using it and make everyone pay many times what they pay now for energy? Do you know what the cost of compliance would be for EVERYONE...individuals and businesses? It would cripple our economy, maybe permanently. So, you want to force oil companies to raise their prices in order to research alternative sources (which they are already researching) and control their profits through regulations, and in doing so you want the public to pick up the cost (which would be at least doubled) for the unnecessary increase in energy prices. The first part is socialist and the second isn't very humane towards the people who can barely afford it now. Why don't we just let the free market do what it does best? We didn't become the most prosperous nation in history because of our government's mandates and regulations.

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