Friday, June 01, 2012

How about this ???

Just a thought................. A quick and easy way to turn our economy around as well as reducing costs on almost everything might be doing the following: Since we have over a 200 year supply of coal and natural gas, and both are cheap to get; why not drop all of the recent (Obama administration's) regulations, give incentives to people and companies to convert to natural gas for their electricity, heating, autos, etc. Not only will we become more independent from the OPEC oil cartel, but all costs relating to energy, manufacturing, transportation, etc. will drop significantly. In addition, this would put hundreds of thousands of people back to work, thus having more money to spend, to buy more things, and the economy starts booming. Just the industry of converting from oil to gas would employ thousands and thousands of people to do the conversions and then service them in the future. As an example; To convert an automobile from gasoline to natural gas costs about $200. With gasoline at about $3.50/ gallon for a car that gets about 20 miles per gallon, the cost per mile would be $.175 per mile. Using natural gas, that cost would be about $.045 per mile or about one fourth of today's gasoline cost. Homes and businesses that are still using oil for heating would also drop their costs by about 70%. Farming, manufacturing, transportation, etc. would become very inexpensive while the unemployment rate would plummet. All that this administration has to do is turn around their stifling policies that are crippling our country and let good old American "know-how" jump into action.

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