February 24th, 2012
09:03 AM ET
The 1600 Report's daily roundup of what the White House is reading this morning online and in the papers:
Gas prices rise 12 cents in past week (CNN Money)
World powers convene to map out Syria aid plan amid reports of violence (CNN.com)
After a year, deep divisions hobble Syria's opposition (NYTimes)
Afghanistan Koran protests: Eight die on fourth day (BBC)
Newt Gingrich criticizes U.S. apology (HuffPost)
Obama's budget flunks the marshmallow test (WSJ)
"Gas prices went up 12 cents in the past week" – c'mon CNN, stop being racist.
One more year of Obama Pandering to the left and then out! With a new President attempting to straighten out 75 years of Liberal Social screwups people will scream out in pain! Over on the "Headless Show old Headless will say, I never thought this would happen! Why after all those Union Gains we should be on Easy Street! Gas prices, Grocery prices, out of sight! Debt Commision after Debt Commision saying the same thing. But Obama ignores the cold hard facts. Pander, pander, pander!!! And that my friends is the State of the Union.
I just read an interesting article in this week's Saturday Evening Post which states that our price for gasoline is way too low. Several interesting reasons were given that the price should be $7.00 per gallon.
1. We currently import 60% of our oil. Something that will not change.
2. Our price for oil has been kept artificially low compared to that of the rest of the world.
3. We are horrible at recycling which could cut our dependency.
4. We are not getting a grip on the situation and working hard enough at going green.
5. We are not willing to make changes and sacrifices to drive more fuel efficient vehicles.
6. We have not been forceful enough in demanding that vehicles meet tougher fuel standards
7. People do not necessarily need to purchase a new fuel efficient vehicle existing vehicles can be converted.
We would provide more public transportation, people would buy more fuel efficient vehicles rather than that V-6 with a Heme, rail would be looked at as a serious alternative. More use of wind and solar would conserve what we waste, for use in truck shipping diesel.
The price of gasoline today in France is $8 a gallon.
The gas prices in many countries are 3 times what we currently pay.
No president can control the demand of other countries for existing world oil when those countries are willing to pay more than us. Marketers will in the end sell to the highest buyer. That is why the Keystone XL pipeline wants Canadian oil to go to those tax-free refineries on the gulf of Mexico (Port Arthur, TX) where it can be sold U.S. tax free to the highest bidder in the rest of the world.
The alternative is to cut consumption, and work harder at solving the problem with green technology.