The price of oil in the United States has reached an outrageous high.
With oil reserves worth billions or trillions of barrels in America, shouldn’t the government make that oil accessible to the public? Wouldn’t this send a sense of relief throughout our communities?
We, as a nation, thrive on pushing forward. With time, we will find an efficient energy source that is affordable and abundant.
Today’s gas price has jumped up dramatically from $68 a barrel to $115. According to Kiplinger Magazine, the United States has enough oil in reserves to power the nation for 300 years – independent from the Organization of the Petroleum Exporting Countries (OPEC).
Sitting on that much oil is ridiculous. Are we expecting an ice age or a world crisis? Is the government indicating that something is stirring or just being too precautious?
We need to think about our country and our people and relocate our focus onto stabilizing our economy.
Significantly reduced oil prices could make a global impact as well. The United States is trillions of dollars in debt to many countries. Why not help settle some of that debt as well?
Many other issues befall our country. But nothing is done to maintain our economy, which continually suffers the high oil prices that affect gas prices throughout the United States.
OPEC needs to come to a contract compromise suitable to the population of the United States, because if the U.S. decided to use its own oil, OPEC would take a drastic hit in the market.
To those who claim possible war threats, I say, in our moments of weakness, the United States creates hybrid cars, electric heaters, etc.
In World War II, when Pearl Harbor was bombed, we came out of the ashes and designed a new form of weapon capable of many things. But we focused on destruction instead of its capability to transform energy.
Could our need for oil possibly be replaced by another form of energy? Could such a transition be affordable?
What then of the oil reserves? My point is, we will find a new source of energy and the oil reserves shall remain untouched. Each side needs to come together a little bit and help work toward that state of relief.