Posted by: arnegrim | April 27, 2011

Gas prices to continue to rise?

“WASHINGTON (AP) — President Barack Obama’s most powerful ally on Capitol Hill said Wednesday that the Senate will turn quickly to legislation to repeal billions of dollars in government subsidies enjoyed by big oil companies every year.

Majority Leader Harry Reid, D-Nev., said the Senate will consider as early as next week Obama’s proposal to repeal the tax breaks. Obama wants to use that $4 billion a year to invest in alternative energy in an effort to reduce the country’s dependence on foreign oil…

…On Tuesday, Obama sent a letter to congressional leaders urging them to repeal oil industry tax breaks, repeating a call he made in his 2012 budget proposal earlier this year. The White House concedes that plan would do nothing in the short term to lower gasoline prices.

No… in fact it will most likely INCREASE gasoline prices.  And what alternative energies is he planning on investing in?  My guess is wind and solar technologies… which will do NOTHING to help with gasoline prices either.  Of course, this works out with his plan to force Americans to buy hybrid and/or electric vehicles.  Never mind the damage that those cause to the environment.

“…A hybrid vehicle is harder to build because of its complexity, which means more energy is used in building the car. Some hybrids can charge their batteries from mains power, and this could be generated by ‘dirty’ technologies such as coal fired power stations…

…While hybrids are considered clean technology by most people, any hybrid with an internal combustion engine will still produce pollutants. Catalytic converters handle most of the contamination, but there’s still that good old greenhouse gas, carbon dioxide. Even hybrids pump this out, they just pump lower amounts of it, and mostly because most hybrids have engines that stop when the vehicle comes to a halt.

Another thing to consider with hybrids is the battery that stores the electricity. Most hybrids use a nickel metal hydride system, which requires nickel mining, which is often done in open cast mines with all the attendant pollution that goes along with excavating large holes in the ground…”


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