Comments:Price of crude oil reaches new record high

Rocket on!
The quicker and higher the price rises the sooner the planet moves from a risky fossil fuel based transport system, into a better time and place post-peak oil along with necessary economic contraction, reduced human population and environmental degradation.

The assumption that what follows fossil fuels will be only goodness and light is profoundly glib. —Preceding unsigned comment added by 199.246.61.1 (talk) 17:57, 9 May 2008 (UTC)
 * Would you agree that it's fair to say the planet will be better off post-fossil fuels, though probably not humans? Wikidsoup - (talk) 18:46, 9 May 2008 (UTC)

Here is the interesting thing...
Alternatives are STILL more expensive/more difficult to transport/have less energy per unit volume/have much higher upfront cost than Oil.

Correct me if I'm wrong, but Ethanol is still being subsidized via the federal gas tax (along with many other things). This makes Obama's comments regarding the gas tax even more... well. He's right, the tax brake will have no (direct) impact on me (even though my '94 wagon gets 19 mi/gal and 'recommends' 91 octane), but it will have a huge impact on truckers, many of which have yet to pass on their cost of fuel to their customers.

One must ask (Obama) how roads will be funded when we switch to some magical alternative. In terms of taxes, gasoline is the new tobacco. We can never get rid of it because we are dependent on it for tax revenue. QUINTIX - (talk) 14:15, 10 May 2008 (UTC)


 * I can't see why you wouldn't want the market to sort this out. To think that government would in any fashion would be able or even competent to solve an energy crisis is rather absurd IMHO. Fephisto - (talk) 21:32, 11 May 2008 (UTC)


 * I am pretty sure that Clinton, and not Obama favors the gas tax holiday. So your comments are pretty confusing, Quintix. But what were his comments? Cheers, --SVTCobra 21:42, 11 May 2008 (UTC)


 * His comments where that what Clinton and Mccain are proposing (the gas tax holiday) is a political ploy which he opposes. (No citation here again, sorry.) 24.98.235.224 01:17, 12 May 2008 (UTC)


 * Well, that's what I knew/thought but Quintix seems so focused on the long-term that I thought Obama might have said something else regarding the future. --SVTCobra 01:23, 12 May 2008 (UTC)