Refueling America. "Earlier this year, on the very same blog, the EIA released information showing that 2012 also saw record high oil prices. This may come as a shock to many people who might believe that drilling more oil will decrease prices..."
The reason it comes as a shock is
that we think if there is more supply, the price should come down. In a
competitive market, that is the case, but oil does not have competition.
Our cars, planes, trucks, ships and planes are almost all warranted to
burn no other fuel than petroleum. The market is fixed. And OPEC fixes
the price. It's a monopoly.
"Breaking this monopoly can
be achieved by enabling drivers to choose between fuels when filling up
their gas tanks," writes Sitty. "Cars like the Chevy Volt, which can
run on either electricity or gasoline, are an example of how consumer
choice with regards to fuel can save drivers money. Other fuels such as ethanol and methanol
can also be used to expand consumer choice, with a significantly
smaller capital investment, by making slight modifications to existing
vehicles to facilitate the safe and efficient use of these fuels.
Lastly, unlike gasoline and diesel, which are only produced from oil,
ethanol, methanol and electricity can all be produced from multiple sources, further increasing consumer choice and hence competition."
a stroke of a pen, fuel competition can come into being nationwide. The
Open Fuel Standard can do it quickly and efficiently. Please get
everyone you know to help this happen. You can find all the tools you
need to get started by clicking here.