Significant Reduction in Petroleum / Gasoline Prices, HOW?

What can you do to make these oil prices reasonable?

  • Take economic action?

    Votes: 12 28.6%

  • Take political action?

    Votes: 3 7.1%

  • Do both?

    Votes: 10 23.8%

  • Do nothing?

    Votes: 17 40.5%
  • Total voters
    42
  • Poll closed .
Quote from krishiyer:

I might think aloud of a radical suggestion (Eutopia)& I am going to be hanged sure by most of you.This idea is implemented some what in small city states like singapore(not exactly democracies)

1.All 4 wheelers above 1100cc will be charged
$5000 first time registration charge
2.All automobiles above 2000cc should be charged $10,000 first time registration charge.
3.Inner city roads should have electronic road pricing thro remote sensors so that people dont drive in crowded inner city.
4.All new cars that do not give say 35-40mile per gallon will be charged additional $5000 first time registration charge.
5.The right to own a car will be auctioned & those who win only can buy new automobile.
6.Massive public transport system should be built.(train running on nuclear generated electricity+buses running on ethanol)
7.Everycitizen should undergo forced military style training learning motor cycle(100 cc japanese motorcycle gives 50m/litre (not gallon)+by cycle
8.Nationalise all oil fields, gas stations,refiniries ,oil/gas exploration/production etc
9.Any gas station selling above MRP(maximum retail price)will undergo minimum 1 year prison under essential commodity act.
10.All minerals (read ore/gas/oil) are prohibited from export.
11.Govt channeling agency can only purchase & sell the fuels.No private parties can enter this business.
12.all guzzlers(old cars above 7 years)will have to pay yearly $5000 registration charge

I can go onnnn.But this is possible only in dictatorships.
The reality is many countries already walking down this path slowly nationalising oil co's,declaring oil/minerals as a weapon & as a national security issue.You know who they are!!
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There is a simpler solution: let prices rise and let the market take over. And, to help it along, why not increase gasoline taxes to $0.50 per gallon to fund better mass transportation and research other fuels such as alcohol from celulose.

DS
 
http://www.autoblog.com/2006/07/21/pml-s-mini-qed-boasts-640-in-wheel-electric-horsepower/

The PML MINI QED sports four in-wheel electric motors, each of which produce 160 bhp for a total of 640 all-electric bhp. That power can propel the EV MINI to 60 mph in 4.5 seconds and on to a top speed of 150 mph. A battery pack and bank of ultracapacitors is at the ready to dish out enough wattage to power the car for four hours, while there's a 250cc 2-cylinder four-stroke gas engine on board to generate more electricity for longer trips. It can even be plugged in to recharge at night, making it unofficially the fastest plug-in hybrid in the world.
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Quote from bsmeter:

Why should their population live in poverty living off 1% tax revenues while XOM ceo's make 300 million bonus?!!

Whose oil is it anyways? If you're addicted to it, you pay up for it bitch.


http://www.chicagotribune.com/news/...94741.htmlstory?coll=chi-homepagepromo440-fea
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Better response than I hoped!
Suggestion of nationalising all oils will solve the problem of $300 million pay packets to CEO's.OIL is just a essential commodity .we dont need fancy ceos or too much competion!!
I was giving ideas of radical curbing of consumption quoting Singapore etc!
But you have brought out a point that the wealth under the land belongs to the common man of that country.
Brazil has distributed oil wealth to all its citizens.
Peru is next.Soth america is walking down this path..
Russia came back from the edge of collapse (after USSR split) with oil money.
 
Quit voting for Republican's (Bush & Cheney are invested in HAL).

Oil is only 5 times what it was before Bush was in office....hmmm.
 
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