WHEN WILL WE HAVE HAD ENOUGH?
There are some troubling forecasts out concerning the state of Gas prices. Two groups in particular see harder times ahead. The chairman of Houston-based Dune Energy, Alan Gaines, sees gas rising to $7-$8 a gallon. The other, a commodities tracker at Weiss Research in Jupiter, Fla., Sean Brodrick, projects a range of $8 to $10 a gallon. Can we even fathom such prices? We might say no, but could we fathom four dollars a gallon just two years ago? The question is not can we fathom it, but rather what are we prepared to do about it?
The reality is that there has to be a number somewhere that causes people to say enough is enough. There has to be a price that will motivate the American people to demand that we begin to facilitate drilling from our own rich resources. Our economy cannot sustain such levels of pricing for a product that is so fundamental to our way of life. While there are those who would advocate alternative fuels, and with wisdom, I might add, the reality is we must tap into our own resources.
We will not see our economy free from its dependency on oil in our lifetime. To believe differently is to whistle past the grave yard. We must face reality that we are an oil dependent country and proceed to free ourselves from so much dependency on foreign oil. It is interesting to look at Africa and see the rich resources that are being harvested through a genocide that has China backing it. It is interesting to look around the world and see the players setting themselves in positions of oil strength through whatever means necessary. While the good old United States continues to pay higher and higher prices and the best idea the politicians can come up with is a day of gas tax relief.
This should tell us that if it is going to change it will be the people and not the government. The people will determine the change when they have had enough and refuse to pay these higher prices any longer. The question is not if that will happen, but rather, at what price will it happen?
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