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I agree Charles. Let's punt the oil addiction entirely. Let's go cold turkey. But, when we do that, what are we going to do to heat our houses in the winter, cool them in the winter, fuel our vehicles to get to work and school, and make all of those products that use oil products? And, what happens if that alternative fuels don't get developed at an affordable cost in 10 years? Corn based ethanol has a lot of problems and is not a total solution, and converting corn crops to ethanol has dramatically increased food prices and caused food shortages around the world.

Yes, Pickens does advocate development of wind power, but you know what, Charles, there's not enough of that to do the total job. Pickens says that we need to do everything, including drill. He says we need to produce natural gas for fuel. His message is to do everything to get off of foreign oil dependence, and that is what is important to our economic future. Get past your fear of the oil companies. Destroy the oil companies and our economic future will be bleak.

"...it will take at least seven or eight years before any oil reaches the market. By that time we will, no doubt, have developed a usable fuel that autos can run on besides oil."

Well no doubt. And it's as easy as that. What an impressive demographic.

Why not outlaw cancer?

Obama '08, suckers.

help

My power went off for about a minute, nothing works. I panic. So Charles here your chance to stick it to big oil quit buying their products. You do not have to put up with it. So the next time a ice storm, knocks out your power for a few days, just think of it as sticking it to be energy companies.
All the time you are screaming, what's taking them so long to get it fixed.

Charles, I suggest you educate yourself a bit before writing such nonsense. A good start is reading "Gusher of Lies" by Robert Bryce.

Bryce goes back into the history of oil use and details how that infrastructure was made since early last century and how it will be around for decades to come. Sure Honda has developed a hydrogen vehicle but it is expensive and there is no infrastructure to support it outside of South LA. You cannot change such a massive infrastructure and create a new replacement in 7 or 8 years.

He also explores the known but ignored fact that oil is a global industry, companies work internationally and are tied together. Oil likewise is sold on world markets. For example we cannot dictate that we not buy Iranian oil.

Ethanol is a scam that only benefits Big Corn and Big Ethanol at taxpayer expense. Ethanol does not produce as much energy as gasoline and it takes more of it to make up the difference. As Oak pointed out the diversion of ethanol out of the food chain has also dramatically raised food prices.

Some alternative energy sources such as wind, natural gas, nuclear and solar are valuable but they will never quench our appetite for oil based products in the near future.

BTW, the oil industry on average makes an 8% profit. Yes the profits are huge because they sell so much of the stuff, so it's easy and popular for you and your ilk to demonize the industry. As the Exxon Mobil chairman Rex Tillerson put it:

"I saw someone characterize our profits the other day in terms of $1,400 in profit per second. Well, they also need to understand we paid $4,000 a second in taxes, and we spent $15,000 a second in cost."

Never mind the fact that they provide a product that is vital to our economy and our daily lives. Never mind the fact that gasoline is so heavily taxed in Europe that they pay over twice what we pay. Just demonize an industry instead to make yourself feel better and check back in 7 or 8 years with your hydrogen car.