Many are blaming Obama, and he hasn’t shied away from the blame. By having high gas prices the Obama administration think they can get the American public to buy into electric vehicles and alternative fuel sources.
DOE is working to promote alternatives such as biofuels and electric vehicles, Chu told House appropriators during a hearing on DOE’s budget.
The problem is that Obama is faking the high gas prices. They don’t have to be this high, and he doesn’t have to get the American public to buy into the “green” economy and “energy independence”. As the commander-in-chief, Obama can make the Department of Defense (DoD) focus on getting the military on alternative energy sources. As the largest oil consumer in the world, the DoD is the perfect player for funding the development of alternative fuels and renewable energy sources.
Below I will review four factors that influence high gas prices:
Obama could mandate the DoD to consolidate it’s budget to completely focus on how to get it off oil using alternative fuels and renewable energy technology. If Obama were serious about getting America into a green economy, this is where he should start.
By allowing the Federal Reserve to go unchecked with creating more debt-backed dollars, Obama and the congress are responsible for the devaluation of the currency. This is one of the biggest contributors to the increase in gas prices. Oil isn’t getting worth more, it’s just that the dollar is worth less. If congress took back the power of money generation, and changed from a debt-backed currency to Kilowatt hour backed currency, the dollar would regain strength, and we would purge the world of the parasitic private banks.
Speculation of oil prices based on rumors of war and the growing demand from emerging markets. Our domestic oil production is the highest it’s been in 8 years (yes, that means Bush made less US oil than Obama). If you wants to point fingers, look no further than Goldman Sachs. Congress bares the responsibility of Wall Street Fraud. Darrell Issa and Michele Bachmann are working for the oil speculators by slowing down the rule enforcement of Dodd-Frank which is supposed to punish oil speculation. Obama should call them out specifically, and let the American people know that Darrell Issa and Michele Bachmann don’t represent the people, but they represent Goldman Sachs. Unfortunately, Obama also represents Goldman Sachs.
Emerging markets demand has doubled world oil consumption in five years. To meet rising demand from emerging markets, Petrobas plans to increase production to 3 million barrels a day by 2015.
Emerging markets include countries that account for a majority of the Earth’s human population. If they demand oil at the same rate per capita as the US, nobody will be able to afford it.
The Bottom Line
You can see with these four issues Obama could influence the high gas prices by doing the following:
- Getting the military off oil for energy
- Lead the idea of getting off of debt-backed currency that devalues over time
- Punish oil speculators that increase the cost of oil at the expense of society
- Join with the emerging markets to develop renewable sources of energy in order to allow the United States to ween itself painlessly.
The American people can have cheap gas while the green energy economy is inclubated by the DoD and DoE until it’s ready for civilian consumption.
Videos about high gas prices:
What is the big ‘deal’ about Solyndra? Why are we letting this company go? Compared to what we spend on subsidizing the oil industry the Solynda loan is a drop in the bucket. The oil industry does not need subsidizing.
If we compare the annual big oil subsidies to the Solyndra loan, we gain the appropriate perspective of the issue.
Eric Curren from the Energy Bulletin outlines the hope of cutting big oil subsidies:
While the GOP House leadership seeks $60 billion in savings from programs including food-aid for pregnant women, public transportation and the EPA, Democrats say they can find most of that amount just from cutting oil subsidies.
Zachary Shahan wrote a great synopsis of the issues we are dealing with regarding energy independence, green jobs and global competition. Here Zachary highlights the main reason that Solyndra was defeated by China:
Bottom line: China has identified solar exports as a national priority, and it has tailored national policies and devoted national resources to achieving that goal. The strategy is working – at the expense of U.S. companies and American workers.
Here David Miller of Solyndra hints at the source of the problem for the US solar manufacturers:
Despite strong growth in the first half of 2011 and traction in North America with a number of orders for very large commercial rooftops, Solyndra could not achieve full-scale operations rapidly enough to compete in the near term with the resources of larger foreign manufacturers. This competitive challenge was exacerbated by a global oversupply of solar panels and a severe compression of prices that in part resulted from uncertainty in governmental incentive programs in Europe and the decline in credit markets that finance solar systems.
The Solyndra technology seems so promising. Bailing out a company like this will return real benefits of improved energy production that fits into the plan of ridding ourselves of the need for fossil fuels. Unfortunately the US currency is based on the oil trade. We will not become energy independent until we change the way our money works.
R. Buckminster Fuller had a great idea as described in his book ‘Critical Path‘. Instead of basing our currency on debt, we change our currency valuation to be a derivative of kilowatt-hours. If the dollar was redeemable for kilowatt-hours instead of being debt that had to be repaid to a foreign corporation, we would change the system to be supportive of energy independence from fossil fuels.
Read more about these issues:
I’ve just stumbled upon “Permaculture“. It completely resonates with my vision of becoming a nation of producers instead of consumers. Holmgren’s design principles are applicable to design systems of all kinds. I am looking forward to learning more about the application of the principles in my life.
I’ve been hearing a lot about how green jobs will save our economy. I am hopeful about this country’s ability to bounce back. I was recently at a business conference that gave me a sense of the level of optimism that entrepreneurs have today. Many are worried and have real concerns with the drop in financing for small business loans. Also, many are optimistic that this is the time to become a better business through efficiency, productivity, and agility.
Some companies are looking at how to differentiate and compete in this tough economy. The trend has been toward sustainable practices. Customers are asking for green products and services. If your company can’t deliver, it won’t get paid.
Here is some news posted on Gangbox’s blog about green jobs in LA.
Measure B would reduce LADWP’s reliance on fossil fuels for electricity. Corcoran said that at present, at least three-quarters of the power that LADWP generates comes from fossil fuels. Nearly half of that comes from burning coals, the greatest contributor to climate change, air pollution and mercury pollution. Currently, the city of LA has solar panels capable of generating 13 megawatts. The entire state produces only 178 megawatts.
Business leaders must see the potential in leading the charge into the green opportunity. It is time to remake our county and our world to be healthy and sustainable. Businesses that do not work toward sustainability will not sustain their business.
I have a friend that owns an energy efficiency business, and I asked him about prop 7 and how it would affect his business. He said it would shut him down, it would shut down any residential solar installer business, and it would make electricity more expensive. I trust him, but I also wanted to delve deeper. Check out who opposes prop 7 here: http://www.noprop7.com/whoopposes7.html.
It seems that anyone that cares about the state’s resources, people and environment are listed here. They say that prop 7 could cause another energy crises. The proposition was drafted and sponsored by a billionaire from Arizona that doesn’t understand renewable energy, but has been influenced by greed, and does not reflect what California needs.
California needs a plan that rewards homeowners for producing excess energy with solar, wind, geo-thermal or biomass. The citizens can become a decentralized power plant that the utility does not have to build and maintain. The utilities should pay for electricity produced as anyone else does. The utility should get a market discount to account for the cost of distribution to those that do not produce their own energy, but the producers should get paid. It will diversify our production. It will stabilize our energy consumption, and secure ourselves in the case of a larger energy crisis.
Vote no on prop 7 to prevent a power grab from an out of state billionaire!
The War on Terror is the the cover for the real war; The War for the Petrodollar.
We have invaded Iraq because they stopped accepting dollars for oil. Saddam Hussein was toppled in order to set Iraq back on the track of the Petrodollar.
Iran is on the chopping block now because they are not accepting dollars for oil anymore. The nuclear arms scare is a cover for the real threat of destabilizing the American Oil Empire.
The dollar used to be backed by gold. Now the dollar is backed by oil through OPEC. That is why OPEC is allowed to exist, in order to prop up the dollar. If the dollar is not the standard currency for oil purchases, then the dollar will decline into just being a piece of wasted paper. That is what is happening now. Japan now buys oil from Iran with yen, not dollars. This means they can unload the dollars they’ve been holding onto, and a big release of currency will devalue the dollar.
Since America can’t force the whole world to use the dollar to buy oil we will see a decline of the petrodollar. As the dollar declines there will be more incentive for countries to use their own currency to purchase oil. Right now we are in the death throes of the petrodollar, and we will see additional desperate action from our American Empire.
As an American I hate to see any harm come to our economy, but we must face facts and get real. We’ve got to end the Petrodollar on our terms. The way to do it is to first back the dollar with precious metals as is described in our Constitution. Let’s get back to basics and have a real currency, not just funny money.
Also, we need to become energy independent with renewable resources. This way we are not locked into sending money to countries that don’t have good intentions for us. When we buy oil today, some of the money makes it into the hands of terrorists. So we are funding both sides of the war in Iraq. One side is paid by future generation through massive debt, and the other side is paid through the obscene gas prices we pay at the pump.
The rest of the oil money goes to the International Monetary Fund to pay for the debt relief of all the third world nations. We don’t owe the IMF anything. Let’s get off our asses and claim our independence!
Business must lead the way. That sounds ridiculous. It is not business that will lead, business will follow the people. The people that will be followed are those individuals with the vivid vision of the future. Not the future of next quarter, or next year, but the next 10, 15 or 30 years.
Those individuals that will lead are those with resources available to actualize their visions. Those people are business leaders. Those business leaders that carry the vision of a future where people breathe clean air, and drink clean water, where the poor are considered poor because they don’t own the luxuries such as platinum plated dimonds, but still have access to healthcare, good food and shelter and education will be the leading the businesses that succeed. Because of the growing access to information, and the growing global conversation, people are gaining the power to influence those that oppose the progress to a beautiful future.
The business leaders of the future are now used to the global conversation, and embrace it fully. They recognize the value of human life, and the dignity of nature. They understand that humans and nature are not seperate competing entitites, that we are children of nature, and that whatever we do is natural. Yet as children of nature we must face the consequences of our actions.
This Memorial Day support the troops by staying home. That’s right. Don’t travel. Don’t use gasoline. Every time you fill up at the pump, you are supporting the worldwide Jihad against the West. So if you plan on being honest with your yellow ribbon magnet on your H2, don’t take it out of the driveway this weekend.
The evidence was indisputable: Saudi Arabia. America’s longtime ally and the world’s largest oil producer had somehow become, as a senior Treasury Department official put it, “the epicenter” of terrorist financing.
Much has been reported about the complex system of terrorist financing and the money trail facilitating the September 11 terror attacks. Individuals and charities from the Persian Gulf–mainly from Saudi Arabia–appear to be the most important source of funding for terrorist organizations like Al-Qaeda.
… Saudis have a religious tax, the zakat, requiring all Muslims to give at least 2.5 percent of their income to charities. Many of the charities are truly dedicated to good causes, but others merely serve as money laundering and terrorist financing apparatuses. While many Saudis contribute to those charities in good faith believing their money goes toward good causes, others know full well the terrorist purposes to which their money will be funneled.
… Reducing demand for Middle East oil would force the petroleum-rich regimes to invest their funds domestically, seek ways to diversify their economies and rethink their support for America’s enemies. Only then financial support for terrorism could radically diminish.
So remember, Support the Troops by supporting Energy Independence!
Now don’t be all sour and glum. Cheer up! You can do something about it. Use less gas. Ride a bike. Buy a hybrid. Take the train, or bus. Carpool, and pressure your representatives to support Energy Independence initiatives. This is not a right/left issue. This is a national security, economy growth, and environmental sustainability issue. Be part of the solution. Don’t help the terrorists.
Investors have been funding alternative energy quietly, but the noise is starting to get louder.
After searching “Alternative Energy Financing” on “The Google” I found the following excerpt here:
A Perfect Storm
Regarding the recent spike in venture, private and public capital markets and the associated run up in valuations, New Energy Finance’s Liebreich said, “There have been some very strong exits in the past 18 months. Valuations have come off their peaks since earlier this year, and I think the fundamentals of the industry are now strong. They were looking overly ambitious in the solar PV, U.S. biofuels and pre-revenue fuel cell areas.”
“The most important industries in the near term are: on-shore wind, biomass, energy efficiency and traditional biofuels; in the medium-term (3-10 years): cellulosic ethanol, offshore wind, thermal solar and hybrid vehicles; in the long-term (>10 years): plug-in hybrids, more wind, building-integrated solar PV, fuel-cell-based distributed CHP and carbon capture and sequestration. In the very long term, fourth generation solar PV, artificial photosynthesis, algal and bacterial biosynthesis, micro-distributed power devices.”
“Before starting New Energy Finance I identified a confluence of 7 factors which told me that we are the brink of a secular change: climate change; energy security; oil depletion; aging infrastructure in developed countries; energy bottlenecks in developing countries; new energy technologies; new information technologies. There has never been such a perfect storm for clean energy before – in fact there has probably never been such a perfect storm in any peace-time industry ever,” he added.
You can see that the money is flowing to where the investors believe their money will grow. I’m sure some will win and some will lose, but the winners will win HUGE. I just hope they finance decentralized energy production that benefits the people from where the resources are being used.