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Strategies & Market Trends : Rande Is . . . HOME

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To: Mike McFarland who wrote (57061)	7/19/2005 12:58:16 PM
From: Rock_nj	Read Replies (2) of 57584

You probably don't realize just how cheap regular petrol is--take away taxes and you are looking at a wildly inexpensive and easy to obtain source of energy. Actually, there are a lot of hidden subsidies for petrol. Our military has become little more than a petroleum protection service in the 21st Century. That's A LOT of subsidy right there, $100s Billions. What if oil companies had to pay to secure their shipping routes and foreign facilities? How much would they have to charge for petrol products and to cover losses that would occur due to hostilities? A gallon of gasoline might cost $4.00 or so. I think higher federal taxes on petrol products are warranted, and not just for national security and environmental reasons, but because the true price of petrol should be reflected in the price and petrol should pay for the military protection it receives. A new $1.00/gal tax might be necessary to cover the $100 Billion per year spent on our military for petrol's behalf. You will see major advancements in both solar and battery technology before this decade is over. Do some reading on nanotechnology and you'll understand why. Running on solar will become more practical with each passing year.

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