I am just looking through some brochures about wood burning stoves and contemplating the huge price hikes in oil, gas and coal. All of the prerequisites basically of powering our vehicles and warming up our homes have as everyone knows went thru the roof.
The oil barrens put up the price of oil when there's a business crisis. Then when there's a boom they put it up again as they say the demand is too high. What gives and who’s really controlling this monopoly that eats away massive bits of the average household’s bills.
Haven’t we were given enough oil reserves here in the U.S. ? Why will we need to import so much black gold? Scientist’s are the motor industry and swiftly pursuing new technologies to counter balance the supposed lack of fossil fuels. Hydrogen fuel cells are claimed to be the way forward. Well if so what’s keeping it so long?
Will the oil industry try and discredit the technology or are they going to get in on the act and take the gas station monopoly and transfer it to a hydrogen station and electric charger point dynasty?
If so then the price we are paying now will be exactly the same as when the new technology comes in, apart from the incontrovertible fact there will most likely be an additional “green” charge put on top of that. Well if you believe we are bad, people in The United Kingdom are paying 3-4 times more than us for fuel. The tax levy of fuel in the Uk is astronomical. Petrol as they call gasoline has about a 70% tax levy.
Pretty steep. The salary there are rather low in some bits of the country as well and food is almost double the cost of America’s. As you can imagine it would be a pretty hard place to live in you were on a lower revenue wage. Not to mention the lack of sunlight!
Remind me not to emigrate anytime soon, that will be like leaping out of the well-known over taxed frying pan into a much bigger taxed red hot fire.