Actually Jimmy Carter did, he was the one that started the interest in
alternative fuel. Seems like the Republicans who is for the Oil
companies
doesnt want to. Just my opinion of course ;o)


Ed


*****

Jimmy didn't push very heard....

Yes he did, if you read up on him, you will see that he was the first one to
make funds available for research and development on it.
"Tim" wrote in message
ups.com...
Actually Jimmy Carter did, he was the one that started the interest in
alternative fuel. Seems like the Republicans who is for the Oil
companies
doesnt want to. Just my opinion of course ;o)


Ed


*****

Jimmy didn't push very heard....

*JimH* wrote:
Answer my question please. Specifics would be appreciated.

Gee, Jim, you seem to be adamant about people answering your questions,
yet you avoid my questions to you.

*JimH* wrote:
wrote in message
oups.com...
That's:

Bad for Bush
Bad for the US
Bad for boating. :-(

I agree.

And what exactly did Bush have to do with this?

Here you go Jim:
Don't Blame OPEC; Higher Gas Prices Are Almost Entirely Bush's Fault
Dave Lindorff, ILCA Associate Member

What is making oil so expensive is not energy policy or even SUV's,
dangerous as those are for the environment. It's Bush's massive
deficits and his willful destruction of the US dollar that has gas
selling at $2.30 a gallon and rising.



There's been a lot of hand-wringing going on among economists and
politicians, and a lot of fuming at the gas pump by consumers over the
soaring price of oil over the last two years.


Increasingly, concern is being expressed by treasury officials and
economists about the negative impact soaring oil prices and related gas
prices could have on the overall economy. Politicians--especially
Republicans--are also fretting, since the thousands of extra dollars
consumers are now spending on electricity, home heating and gasoline
have, for all but the wealthiest taxpayers, more than cancelled out any
minimal benefits they saw from the president's tax cuts.


What's wrong with this picture?


The focus of all this anger and angst is oil prices. As a result,
everyone is looking at culprits in the wrong place, blaming wasteful
energy use, OPEC production quotas, monopolistic oil companies and/or
conniving oil traders.


In fact the real culprit behind these higher oil prices is the Bush
Administration, which, thanks to its massive deficits and tax
give-aways to the rich and corporations, to its war spending, and to
its failure to combat unprecedented and ever-larger trade deficits, has
been causing the dollar to plunge in value.


Oil is a commodity and it is priced in dollars. If dollars decline in
value, then the price of oil will rise in inverse proportion.


One need only look at Europe to see what this means.


Over the period from February 1, 2003, just before the start of the
Iraq War, when oil prices began to rise in earnest, to Feb. 1, 2005,
the price of a barrel of oil in dollars rose about 30 percent, from
$30.13 a barrel to $42.91 a barrel. But over that same period of time,
the Euro, Europe's new combined currency, rose 21 percent against the
U.S. dollar, from .93 Euros to the dollar in February, 2003 to just .77
to the U.S. dollar in February, 2005.


For Europeans, then, the net rise in oil prices over the two years of
the Iraq War has been just 9 percent, or less than 5 percent per
year--hardly the kind of energy inflation that would cause economic
problems.


And this situation is likely to get only worse. Some Wall Street oil
industry analysts are now predicting that oil could, before too long,
hit $100 a barrel. What they are saying really is that the dollar is
likely to fall in value by 50 percent.


Should that happen, though, the OPEC states would likely at some point
along the way decide that it is ridiculous for them to continue pricing
oil in dollars, since the piles of dollars filling their bank vaults
will be losing value faster than their oil wells are being drained.


At some point, the oil producing states, including Russia and Norway,
will inevitably switch to pricing their oil in a basket of
currencies--a basket that would prominently feature the Euro and
probably the Japanese Yen.


At that point there would be little left to prop up the dollar, and it
could end up becoming little better than a Third World currency.

*JimH* wrote:


No one ever argued this was not bad for boating, bad for car owners or bad
for Bush.

The point is....how is this Bush's fault?

His huge deficit, while still spending like a drunken sailor has
devalued the dollar.

The ignorant will blame Bush.....thus the "Bad for Bush" mentality.

No, the ignorant will goose step to the party no matter what happens.

The educated know better.

See above.

"HarryKrause" wrote in message
...
Jeff Rigby wrote:

Bush has done absolutely nothing to try to ease petrol prices. He doesn't
even engage in jawboning the multinationals that control oil refining and
distribution. That's because his family is neck-deep in the petrol
business, and the higher prices go, the more his family makes.


Harry, what oil stocks does Bush own. I must not have used the right key
words as I can't find any.


I used the key word Bush (this would apply to his family also) and no Hits
with OIL other than the old news where he lost money. The Senior Bushes
(grandparents) were involved in producing equipment for oil fields and
railroads. Bush senior was involved with Zapita oil exploration but it's
speculated that Zapita was a CIA front.


"his family is neck-deep in the petrol ????????????????? Is this
true????????????
business, and the higher prices go, the more his family makes."

If it is Bad for Bush,
It is Good for the United States.

wrote in message
oups.com...


*JimH* wrote:
wrote in message
oups.com...
That's:

Bad for Bush
Bad for the US
Bad for boating. :-(

I agree.

And what exactly did Bush have to do with this?

Here you go Jim:
Don't Blame OPEC; Higher Gas Prices Are Almost Entirely Bush's Fault
Dave Lindorff, ILCA Associate Member

What is making oil so expensive is not energy policy or even SUV's,
dangerous as those are for the environment. It's Bush's massive
deficits and his willful destruction of the US dollar that has gas
selling at $2.30 a gallon and rising.



There's been a lot of hand-wringing going on among economists and
politicians, and a lot of fuming at the gas pump by consumers over the
soaring price of oil over the last two years.


Increasingly, concern is being expressed by treasury officials and
economists about the negative impact soaring oil prices and related gas
prices could have on the overall economy. Politicians--especially
Republicans--are also fretting, since the thousands of extra dollars
consumers are now spending on electricity, home heating and gasoline
have, for all but the wealthiest taxpayers, more than cancelled out any
minimal benefits they saw from the president's tax cuts.


What's wrong with this picture?


The focus of all this anger and angst is oil prices. As a result,
everyone is looking at culprits in the wrong place, blaming wasteful
energy use, OPEC production quotas, monopolistic oil companies and/or
conniving oil traders.


In fact the real culprit behind these higher oil prices is the Bush
Administration, which, thanks to its massive deficits and tax
give-aways to the rich and corporations, to its war spending, and to
its failure to combat unprecedented and ever-larger trade deficits, has
been causing the dollar to plunge in value.


Oil is a commodity and it is priced in dollars. If dollars decline in
value, then the price of oil will rise in inverse proportion.


One need only look at Europe to see what this means.


Over the period from February 1, 2003, just before the start of the
Iraq War, when oil prices began to rise in earnest, to Feb. 1, 2005,
the price of a barrel of oil in dollars rose about 30 percent, from
$30.13 a barrel to $42.91 a barrel. But over that same period of time,
the Euro, Europe's new combined currency, rose 21 percent against the
U.S. dollar, from .93 Euros to the dollar in February, 2003 to just .77
to the U.S. dollar in February, 2005.


For Europeans, then, the net rise in oil prices over the two years of
the Iraq War has been just 9 percent, or less than 5 percent per
year--hardly the kind of energy inflation that would cause economic
problems.


And this situation is likely to get only worse. Some Wall Street oil
industry analysts are now predicting that oil could, before too long,
hit $100 a barrel. What they are saying really is that the dollar is
likely to fall in value by 50 percent.


Should that happen, though, the OPEC states would likely at some point
along the way decide that it is ridiculous for them to continue pricing
oil in dollars, since the piles of dollars filling their bank vaults
will be losing value faster than their oil wells are being drained.


At some point, the oil producing states, including Russia and Norway,
will inevitably switch to pricing their oil in a basket of
currencies--a basket that would prominently feature the Euro and
probably the Japanese Yen.


At that point there would be little left to prop up the dollar, and it
could end up becoming little better than a Third World currency.


The above is scary and most likely true except for one point. The current
increase in prices (not the ones cited over the last two years, they are
most likely the result of the dropping value of the dollar) is probably due
to supply/demand issues as China, India and other developing third world
countries make their needs known on the world market for oil.

His huge deficit, while still spending like a drunken sailor has
devalued the dollar.


You mean, like the democrat hero FDR did during the great depression?



No, the ignorant will goose step to the party no matter what happens.
The educated know better.


Man. are you hardcore, or what?

"Goos stepping??? LOFL!!

Oh man, ...I guess we should have elected Kerry or Gore. then it would
all be better...

HAHAHAHAHAHAHAHAAHA!!

after all, Kerry had a ..."plan"

uh-huh