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June 18, 2008

creative

I was disappointed to hear about the off-shore drilling idea. Trying to create more supply for a finite source doesn't seem like a good idea.

Why can't we think out-of-the-box? Here's another idea. Why don't the US government provide significant tax incentives to SUV/truck owners (gas guzzlers) and companies to trade in their cars for more gas-friendly cars (>40/gal)? These owners are the main group experiencing price shock at the gas stations. Not only would the car owners be happy but also the automobilie companies (more incentive for US cars than foreign of course). These companies would then be required to put a percentage back in research on real alternative sources of power (bio-fuel isn't the answer quite yet) or at least buy the technology. They would do this without any pressure since there would less market for larger gas guzzling cars.

One of the main problems in this gas crisis is that consumers should not have bought those colossal cars that now costs over $100/week to own. Feeding this desire (probably due to marketing) is only going to be a bane to the US's long-term economics and environment.

Let everybody else's behavior slowly change with the market. Our behavior will change as we are confronted with higher and higher gas prices. I don't think this is a bad thing. Put the money into better use like education, especially in finding alternative power sources. We need to break our reliance over oil instead of acting like an oil addict.

Posted by azileretsis at June 18, 2008 10:47 AM

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