Because it is a continuation of the problem, so some tax will come off. So what? The price of crude will continue to rise, and quickly make up the difference. It’s not “relief” it’s a vote grab. By lowering Gas Taxes we are in effect saying. “We do not like to pay high prices for …
Category Archives: Environment
US Army Corps on Canada
In my previous post I introduced this document. It is an 86 page report done by the US Army Corps of Engineers on “Energy Trends and Their Implications”. In actuality, it turns out to be a document warning us of the very real scenarios of peak oil, and peak natural gas. It also turns out …
Unlikely Agreement: Peak Oil
Can you guess where these words came from (uttered in Sept 2005)? I’ll give you a hint.. it is a US Government Agency. World proved reserve lifetime for oil is about 41 years, most of this at a declining availability. They are one of the largest consumers of petroleum products in the world. Domestic [US] …