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["Tim Oppenheim" <timopp AT gmail.com>]

The government own the Strategic Petroleum Reserves some 30 billion
barrels filling old salt mines in Louisiana. But there are lots of
areas with oil, the problem is the cost of extraction. Why spend the
money if you can get it cheaper elsewhere.



On 9/21/07, Melody Oliphant <melody AT feedngrow.com> wrote:
> Clansgian AT wmconnect.com wrote:
> >
> >> At this point government is the only thing that can effectively drag
> >> us back to to less dependency on oil. I don't think it will so get
> >> used to being cold and paying $10/gallon for gas.
> >>
> >>
> >
> > The government can't make petroleum appear in the ground where there is 
> > none.
> >  The only way it has of keeping you from $10 a gallon gas is to arrange so
> > that you don't have to buy gas .... public transportation.  All the 
> > alternate
> > fuels and alternate energy will fall very short of making up the 
> > diffefence when
> > oil goes into decline in earnest.  Yet, what is the government doing?
> > Pushing ethanol.  Alas, energy-wise it takes about a gallon of ethanol to 
> > make a
> > gallon of ethanol.  Biodiesel is a little better, but only a little.
> >
> > We've just got to stop moving around so much and heating such big houses.
> >
> > And wear sweaters.
> >
> >
> > James   </HTML>
> >
> >
>
> Isn't it true that there are many oil reserves in the US that are
> untapped due to some form of governmental high-handedness?  Typically
> that is the "help" I expect from government.
>
> Best wishes,
> Melody
>
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