Ferrari Mailing List: Re: NFC: Gas should be $ 10 US a gallon

[Rick (Forza355]

Actually Gore endorsed the idea of taxing gas so it was $ 4.00 a gallon to 
force conservation. 
His idol Paul Erlich   wrote a book and Al Gore endorsed it heavily.

Rick

PAUL EHRLICH'S BOOK, ON GAS PRICES: "The United States could start by gradually 
imposing a higher gasoline tax-hiking it by one or two cents per month until 
gasoline costs $2.50 to $3.00 per gallon, comparable to prices in Europe and 
Japan." (Paul R. Ehrlich and Anne H. Ehrlich, The Population Explosion, 1990, 
pp. 219-220) On the dustcover of the book, Gore said, "The time for action is 
due, and past due. Ehrlich has written the prescription." "Higher taxes on 
fossil fuels. . . is one of the logical first steps in changing our policies in 
a manner consistent with a more responsible approach to the environment." (Al 
Gore, Earth in the Balance, 1993, p. 173)
http://www99.epinions.com/content_5053718660

----- Original Message ----- 
  From: Michael James 
  To: Rick 
  Cc: The FerrariList 
  Sent: Wednesday, June 17, 2009 7:00 PM
  Subject: Re: [Ferrari] NFC: Gas should be $ 10 US a gallon


        If you really read the article, you'd note that there are forces 
at-work on Oil Prices other than simple 'supply vs. demand'....now, ask 
yourself 'why'?  Those same 'forces' are driving oil prices back up again, and 
they're what had oil up to $140 a barrel despite ample production - remember 
$4/gallon?  Good times, eh?  Something is broken in the Oil Market, and its not 
"Al Gore"...worldwide demand is still low.....why do you not see that, and why 
does no one care?????

        M

        --- On Wed, 6/17/09, Rick <Forza355 [at] verizon.net> wrote:


          From: Rick <Forza355 [at] verizon.net>
          Subject: [Ferrari] NFC: Gas should be $ 10 US a gallon
          To: "Michael" <Cavallino_Rapante [at] yahoo.com>
          Cc: "The FerrariList" <ferrari [at] ferrarilist.com>
          Date: Wednesday, June 17, 2009, 5:00 PM


          So says an Al Goreon worshiper.


                Electric Car CEO: Gas Should Be $10 A Gallon
                Electric Car CEO: Gas Should Be $10 A Gallon 

                      Wednesday, June 17, 2009 9:09 AM

                      By: Ellen Chang    
               





                Elon Musk, the CEO of Tesla, a performance electric car that 
costs more than $100,000, thinks consumers should be shelling out more money at 
the pump. Try $10 per gallon. 

                Musk, who spoke at the Wired Live conference in New York, said 
consumers are just putting off the inevitable, according to a CNET report. 

                The prices folks are now paying are way too low and leave out 
"the true cost of gasoline at the pump," said Musk. 

                His explanation is that "nobody's explicitly paying for the CO2 
capacity of the oceans and atmospheres; it's getting consumed. We will pay for 
it down the road, but we are sort of ignoring it for now." 


                Other oil analysts believe the recent increase in crude oil 
prices is not a good sign since prices have increased rapidly without any 
backing from the fundamentals, Fortune reported. 


                However, a majority agree that in just two years prices will 
rise sharply. 

                "We're concerned about oil prices rising so rapidly in the 
near-term," says Hussein Allidina, head of commodities research at Morgan 
Stanley. "But the bet in the long-term is one way, and that's just up." 


                Oil is now over $70 a barrel and has doubled since the low in 
February, Fortune reported. 

                High oil prices could prove negative in other areas such as the 
credit markets. 


                "Considering that supply seems ample and demand is weak, the 
fact that oil is going up looks kind of weird," says Adam Sieminski, chief 
energy economist at Deutsche Bank. 

                "But those factors are being overwhelmed by a huge sigh of 
relief that we're not going to have the Great Depression. A lot of money is 
coming out of mattresses." 





                © 2009 Newsmax. All rights reserved.
               
          _________________________________________________________________
          To unsubscribe or modify your subscription options, please visit:
          
http://lists.ferrarilist.com/mailman/options/ferrari/cavallino_rapante%40yahoo.com

          Sponsored by BooyahMedia.com 
          and F1 Headlines
          http://www.F1Headlines.com/