Quote:
Originally Posted by chronster
good point. In situations like these we normally don't see the big picture. There is a LOT of money tied up in gasoline, but imagine how much money is tied up in getting it here from other countries.
Think of it this way: America has a limited supply of gas, and we use a lot more than any other country. If we had a technology (home brewed btw) that could suddenly put our gas usage so low that we could supply ourselves, the money saved that we are spending BUYING GAS from other countries would definitely outweigh the money made from taxing that gas.
This technology could put America in a position where we literally could start selling gas to other countries more than we buy it. Any situation where you sell more than you buy is a good situation.
I don't see us going completely electric (maybe some cars will be, but there's simply not enough power there.) I see gas-electric hybrids being THE norm once this technology hits, but who knows. The article could have over-hyped it.
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I don't see how you can figure that transporting oil to america from other countries even comes close to the tax revenue produced from oil. The government doesn't "pay" for the transport of oil (or not the majority of it). Independent companies pay for it (Exxon, shell, etc) or the companies that refine it into gas and diesel.
What about cap and trade? What happens when that is p***** into law? Right now we don't even produce enough electricity to power our homes without blackouts and brownouts. How can we produce enough to supply all the new electric cars that everyone wants.
Once cap and trade is p*****, how much will electricity costs rise?
PS - P a s s e d shouldn't be on the cuss filter lol.