The price of oil (and consequently refined gasoline) is set because of supply and demand.
The environmentalists have prevented us from:
-drilling for oil off our coasts, in Alaska, and various other locations within our boarders.
-Building new refineries.
-Standardizing the grade of gasoline used throughout the country
-Preventing coal-to-oil plants from being created
-Preventing Nuclear power plants from being built (that would make more coal available to be turned into fuel).
-Forcing ethanol on us which has caused high food prices because of the higher cost of corn (for feed, etc).
I realize that the worldwide consumption has increased (esp. Chinese), and that poor fiscal policies have created a falling dollar relative to commodities.
I'm not placing all the blame on the environmentalists, but I'd like to see them step up and claim some responsibility. Are any groups? Are any individuals?
Your thoughts?
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