I do not own oil stock. I am not a Republican. I want the Bush Administration to end as quickly and painlessly as much as you do, so do read the below thought-provoking excerpt.

“High (gas) prices are the only proven mechanism that forces Americans to seriously undertake energy conservation, exploration, and production. And they’re already working their magic. Sales of gas-guzzling SUVs and trucks at General Motors and Ford were off about 30 percent in September compared to a year ago. And total gasoline consumption dropped more than 5 percent below trend following Katrina.

High prices ensure Americans will economize their use of gas and heating oil and simultaneously encourage investors to fund research and exploration of alternative energy sources. In the long run, this dual response of conservation and innovation will overcome the issues of energy scarcity and reverse skyrocketing prices.”

Ah, so the theory is that higher gas prices is actually fueling more alternative energy initiatives. It’s forcing Americans to be more conservative with what energy we use today, preserving the environment. Read the full article without delay, and decide whether the current gas price justifies itself.

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