Question on Subsidies and Gasoline
If $4 Billion dollars is a drop in the bucket for Oil Companies how would that impact alternative energy research if that money was given to them? Or what if alternative energy programs received the same amount of subsidies as oil, gas and coal? How fast could we really significantly lower our cost on energy? And do you have an opinion if all oil imports ended tomorrow and we did not have a choice, how fast could we solve the problem?
Regarding Gasoline
What would happen to our gas prices if we had restriction on how much gasoline was exported? And is this statement from CNNMoney below true? If it is we don't have prayer of ever lowering gasoline prices no matter what primate is in office!
NEW YORK (CNNMoney) -- The United States is awash in gasoline. So much so, in fact, that the country is exporting a record amount of it.
The country exported 430,000 more barrels of gasoline a day than it imported in September, according to the U.S. Energy Information Administration. That is about twice the amount at the start of the year, and experts and industry insiders say the trend is here to stay.
