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	<title>The Slow Bleed &#187; Oil Forecast</title>
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	<link>http://www.theslowbleed.com</link>
	<description>The Systematic Draining of America's Economy, Culture, and Pride.</description>
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		<title>Gas at $46.23 Gallon…</title>
		<link>http://www.theslowbleed.com/economy/gas-at-4623-gallon%e2%80%a6/</link>
		<comments>http://www.theslowbleed.com/economy/gas-at-4623-gallon%e2%80%a6/#comments</comments>
		<pubDate>Thu, 15 May 2008 11:46:53 +0000</pubDate>
		<dc:creator>Godfadr</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Ethanol]]></category>
		<category><![CDATA[Gas Prices]]></category>
		<category><![CDATA[Oil Forecast]]></category>
		<category><![CDATA[Oil Prices]]></category>
		<category><![CDATA[Politics]]></category>

		<guid isPermaLink="false">http://theslowbleed.wordpress.com/?p=91</guid>
		<description><![CDATA[Unless you are, say, a family with oil ties to Saudi Arabia, the headline probably scared you.  I will go on record by saying that although I am not happy with the oil prices going up, it may indeed be the best thing for America in the long term.  No, not for any environmental save-the-platypus [...]]]></description>
			<content:encoded><![CDATA[<p><!--StartFragment--></p>
<p class="MsoNormal"><!--StartFragment--></p>
<p class="MsoNormal">Unless you are, say, a family with oil ties to Saudi Arabia, the headline probably scared you. </p>
<p class="MsoNormal">I will go on record by saying that although I am not happy with the oil prices going up, it may indeed be the best thing for America in the long term. </p>
<p class="MsoNormal">No, not for any environmental save-the-platypus reasons — just old-fashion we-need-to-be-self-sufficient reasons. </p>
<p class="MsoNormal">
<ul>
<li>We burn 25 percent of the world’s oil but only have 2 percent of the world’s oil reserves — see a problem yet? </li>
</ul>
<ul>
<li>We cannot continue to rely on other countries for our energy (or food or supplies or insert just about anything here). </li>
</ul>
<ul>
<li>China and India’s energy demands are expected to double by 2030 (they would then import more oil than the U.S. and Japan combined).</li>
</ul>
<p class="MsoNormal"><span id="more-105"></span></p>
<p class="MsoNormal">Yeah, who cares…that is <em>20 years from now</em>. Well, I don’t think oil is trending down, so just imagine it takes the next 20 years to get to $46.23 per gallon. My guess is you will be sacrificing a few more things than a weekly outing to the movies (tickets will be $21.00 each by then). </p>
<p class="MsoNormal">Please don’t send me an e-mail about <em>Ethanol</em> being the answer. It takes approximately 123 gallons of gas to get 100 gallons of Ethanol — how did you think they harvested and transported the corn anyway? </p>
<p class="MsoNormal">Wake up! We are the Saudi Arabia of coal. Let’s get going and finding efficient ways to refine it, up the mileage on our cars, and be self-sufficient. </p>
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