4 dollar gallon gas is here

[my427cobra]

Just my 2 cents worth and not any endorsement of any parties policies:

I subcribe to the last man standing strategy.

North American is perhaps the only continent that can be self sustaining in the future - fertile lands, lot's of water, plentiful natural resources and the ability to generate all kinds of power (getting the tree huggers out of the way). But petroleum resources need to be protected as long as we can.

Nobody wants to pay higher prices, but I'd rather use up their petroleum reserves (as long as we can afford to) and save ours until we really need it.

But to do that we should be establishing all the capacity we can (creating jobs at the same time) so we're ready. It can take 10 to 20 years to develop the drilling, refining and nuclear plants we would need.

Just look at the changes the world has gone through over the past few weeks. Can anyone guess where we'll be in 10 to 20 years? (Read the Black Swan - no not the ballet story).

Greg