Friday, July 11, 2008

Use it or Loose it.

http://www.politickeroh.com/ryan-and-wilson-join-call-big-oil-use-it-or-lose-it Oil is a scarce natural resource. We as a people must be good stewards of it. The oil cartels are artificialy keeping the price of fuel high, by limiting production. This is why I feel that both oil and coal should be nationalised http://en.wikipedia.org/wiki/Nationalization. The energy industry, in my opinion, should be a public trust, operated for the good of the people. The oil industry is already subsidised http://en.wikipedia.org/wiki/Subsidization by the federal government. I feel that it would be far better for the government to socialise it, instead of propping it up with the taxpayers money. We are already paying enough for gas to the corporations. We shouldn't have to give them grants as well. Here is the full text of the "Responsible Federal Oil and Gas Lease Act." http://www.washingtonwatch.com/bills/show/110_HR_6251.html

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