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Tagged : gasoline-prices


The gas price blame game won’t ease pain at the pump

April 4th, 2012

Every year when gas prices rise, politicians and pundits like to play the blame game. On Fox & Friends, Louisiana Gov. Bobby Jindal blamed the Obama administration’s “radical environmental ideology” for high gas prices.

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Obama says oil dependence threatens U.S. prosperity, and we must find alternatives

March 31st, 2011

President Obama took on the oil crisis Wednesday in a speech at Georgetown University, saying once again that the U.S. needs to wean itself from foreign oil and develop a long-term energy plan to stop “being a victim” of the oil markets.

It’s a message the nation has heard from half a dozen presidents. But never has it been more urgent, with the oil-rich Middle East exploding in civil unrest; rising global demand pushing gasoline prices to $4 a gallon again in the U.S., and fossil fuel emissions contributing to the greenhouse gases triggering climate change.

Obama listed several ways the U.S. can step down its reliance in Middle East oil, including tapping more domestic oil and gas. But he acknowledged that the U.S. consumption of 20 percent of the world’s oil far exceeds the 2 percent of oil reserves it controls.

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U.S. car fever waning after a century of growth

February 22nd, 2010

(This article, originally entitled U.S. Car Fleet Shrank by Four Million in 2009 – After a Century of Growth, U.S. Fleet Entering Era of Decline ran on the Earth Policy Institute website in January. Its author, Lester R. Brown is president of the EPI and author of Plan B 4.0: Mobilizing to Save Civilization.)

By Lester R. Brown

America’s century-old love affair with the automobile may be coming to an end. The U.S. fleet has apparently peaked and started to decline. In 2009, the 14 million cars scrapped exceeded the 10 million new cars sold, shrinking the U.S. fleet by 4 million, or nearly 2 percent in one year. While this is widely associated with the recession, it is in fact caused by several converging forces.

Future U.S. fleet size will be determined by the relationship between two trends: new car sales and cars scrapped. Cars scrapped exceeded new car sales in 2009 for the first time since World War II, shrinking the U.S. vehicle fleet from the all-time high of 250 million to 246 million. It now appears that this new trend of scrappage exceeding sales could continue through at least 2020. (See data.)

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