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BobYoMeowMeow wrote on 2012-03-11 05:17
US President Barack Obama called on Congress Saturday to invest more money in clean energy technologies and end multi-billion-dollar subsidies given each year to oil companies.
"I want this Congress to stop the giveaways to an oil industry that's never been more profitable, and invest in a clean energy industry that's never been more promising," Obama said in his weekly radio and Internet address.
"We should be investing in the technology that's building the cars and trucks and jets that will prevent us from dealing with these high gas prices year after year after year," he added.
The comments came as the president faced mounting criticism from Republicans, who have blamed his energy policy for spiking gas prices.
The American Automobile Association (AAA) predicts gasoline prices across the United States could average $4.25 a gallon by May, up from over $3.60 today.
Between 1998 and 2004, prices ranged from $1 to $2.
Prices vary wildly between regions, however, and last week, gasbuddy.com, a website that tracks prices in all 50 states, reported $5.09 a gallon at one Mobil and two Chevron stations in greater Los Angeles.
Given that 76 percent of Americans drive themselves to work, and a trip to the store can often mean a long drive to the mall, higher gas prices are a critical issue -- especially in a presidential election year.
The president said that under his administration, domestic oil production has been on the rise and the number of operating oil rigs has quadrupled.
But he argued the United States won't be able to solve its energy problem just by drilling more oil wells.
"But you and I both know that with only two percent of the world's oil reserves, we can't just drill our way to lower gas prices - not when we consume 20 percent of the world's oil," Obama said. "We need an all-of-the-above strategy that relies less on foreign oil and more on American-made energy - solar, wind, natural gas, biofuels, and more."
He noted that his administration had already put in place new standards that will make sure that American cars average nearly 55 miles per gallon (88.5 kilometers per 3.8 liters) by the middle of the next decade - nearly double what they get today.
The president also called for ending the $4 billion a year in tax breaks that US oil companies receive each year.
"We've been handing out these kinds of taxpayer giveaways for nearly a century," he said. "And outside of Congress, does anyone really think that's still a good idea?"
http://www.physorg.com/news/2012-03-obama-investment-energy.html
hurray
taxmoney goes somewhere else better
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Excalibur wrote on 2012-03-11 05:39
Huzzah, now I feel better about living in America!
:ran_kero:
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Spartaaaaa wrote on 2012-03-11 06:10
He noted that his administration had already put in place new standards that will make sure that American cars average nearly 55 miles per gallon (88.5 kilometers per 3.8 liters) by the middle of the next decade - nearly double what they get today.
How in the world are we going to accomplish this? Very few American cars are even close to this number.
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Cynic wrote on 2012-03-11 06:14
Finally. I've been waiting ages for people to stop wasting money and gas and try to invest in better alternatives.
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Osayidan wrote on 2012-03-11 06:14
These are things presidents should have been saying and doing since the 80's.
Not sure any country has done much better though.
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Tatsu wrote on 2012-03-11 06:17
Quote from Spartaaaaa;803776:
How in the world are we going to accomplish this? Very few American cars are even close to this number.
Through the power of magic and love.
I'm up for alternative fuel, but I doubt that we'll reach that number with alternative fuel anytime soon. Especially with the stupidly popular electric/hybrid cars.
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paladin wrote on 2012-03-11 07:12
New tech is coming out
Ecomotors even has a proyotype engine that runs near 50% thermal efficeney,for comparsion most normal cars currently run 25%
thats before other stuff like putting in a hyrid,low wt chasis and stuff like mazadas skyactv tech which currently hits 40 as it is
55 miles is not a crazy notation,it may not be here right now,but within the next 10 or 20 years is plausiable
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paladin wrote on 2012-03-11 07:12
New tech is coming out
Ecomotors even has a proyotype engine that runs near 50% thermal efficeney,for comparsion most normal cars currently run 25%
thats before other stuff like putting in a hyrid,low wt chasis and stuff like mazadas skyactv tech which currently hits 40 as it is
55 miles is not a crazy notation,it may not be here right now,but within the next 10 or 20 years is plausiable
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Cucurbita wrote on 2012-03-11 07:17
Quote from Osayidan;803783:
These are things presidents should have been saying and doing since the 80's.
Not sure any country has done much better though.
Them Swedes man.
Anyways, if you watch some documentaries made by this guy who was leading a project for more efficient solar energy research, you'll be shocked (or not) to find that his research was actually progressing incredibly well until the government removed funding when the oil companies intervened.
The United States can't profit off solar energy. Pfft.
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BobYoMeowMeow wrote on 2012-03-11 07:42
Quote from Cucurbita;803850:
Them Swedes man.
Anyways, if you watch some documentaries made by this guy who was leading a project for more efficient solar energy research, you'll be shocked (or not) to find that his research was actually progressing incredibly well until the government removed funding when the oil companies intervened.
The United States can't profit off solar energy. Pfft.
more like you can't wage war off solar energy
amirite?
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Yoorah wrote on 2012-03-11 08:00
Quote from Spartaaaaa;803776:
How in the world are we going to accomplish this? Very few American cars are even close to this number.
American cars will have to stop being crappy, then.
Mazda's latest efficiency tech allows for 40 mpg, and this is not using any kind of hybrid trickery either.
Then there are more innovative efforts like the Aptera, which can beat the goal 3 times over and then some, depending on how you want to count and which model you compare. Sadly, Aptera Motors folded just last December, because they could not get the US gov DOE loan they were counting on in order to start production. They had a waiting list with clients who pre-ordered, too. It's a real shame that they could not take off, and this is exactly the kind of case that would have benefited greatly from government financing.
The oil industry doesn't need subsidies.
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Yoorah wrote on 2012-03-11 08:01
Quote from Spartaaaaa;803776:
How in the world are we going to accomplish this? Very few American cars are even close to this number.
Those American cars will have to stop being crappy, then.
Mazda's latest efficiency tech allows for 40 mpg, and this is not using any kind of hybrid trickery either.
Then there are more innovative efforts like the Aptera, which can beat the goal 3 times over and then some, depending on how you want to count and which model you compare. Sadly, Aptera Motors folded just last December, because they could not get the US gov DOE loan they were counting on in order to start production. They had a waiting list with clients who pre-ordered, too. It's a real shame that they could not take off, and this is exactly the kind of case that would have benefited greatly from government financing.
The oil industry doesn't need subsidies.
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Excalibur wrote on 2012-03-13 00:25
Quote from BobYoMeowMeow;803876:
more like you can't wage war off solar energy
amirite?
Yeah you can, what if the [S]terrorists[/S] Iraqi people figured out how to stop Earth's rotation and block the United States from the sun?
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Excalibur wrote on 2012-03-13 00:25
Quote from BobYoMeowMeow;803876:
more like you can't wage war off solar energy
amirite?
Yeah you can, what if the Iraqi people figured out how to stop Earth's rotation and block the United States from the sun? And then figured out how to make nuclear weapons with their vast amount of oil? D:
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Kingofrunes wrote on 2012-03-13 00:39
Frankly I walk to work everyday and I'm so glad I don't own a car. The day I own a car is when they become efficient and really affordable to me and make sense. Why should I waste money and cause environmental problems when I could easily take public transit or walk to where I need to go. This doesn't apply for rural areas unfortunately and pretty much ensures that I'm stuck in the cities unless I have a friend or family member in rural areas willing to take me where I need to go or I work from home.
Anyways, the sooner cars get better fuel alternatives and we stop relying on foreign oil, the better.
Quote from Excalibur;805501:
Yeah you can, what if the [S]terrorists[/S] Iraqi people figured out how to stop Earth's rotation and block the United States from the sun?
If they did that, they'd end up killing off the whole world. If they managed that, having energy would be the least of our worries I assure you.