CLIFF MAY: Latest Notes & Comments

AMERICA'S DEPENDENCE ON FOREIGN OIL: What will it take to end it? Start with Flexible Fuel Vehicles (FFVs). The technology is already available and the additional cost only about $150 per car. Second, begin filling American cars with fuel made from Caribbean sugar and domestic garbage. That technology is already available, too.

To encourage the transition, why not get rid of all taxes and tariffs on the petroleum substitutes that can be used in FFVs? What -- or who -- is holding up this common sense solution? Read More.

Comments

[Lee Nelson]

Use money that is spent by the 'Ad Council' to inform American’s about the importance of checking tire pressure instead of telling us that drug users support terrorism. Put a 2 or 3 thousand dollar a year 'use' tax on all SUVs and large trucks NOT necessary for work. Triple the gas tax. Place a 250% tax on all new SUV sales. What do you get? The transition will happen quickly as 'alternative' energy sources will suddenly become comparatively cheaper.

[The Intelligence Summit]

Companies that DO NOT buy their oil from the Middle East:

Sunoco, Inc. (SUN)
BP P.L.C. (BP)
Conocophillips (COP)
Sinclair Oil Corp.
Citco Petroleum Corp.

http://www.intelligencesummit.org/news/BB082305.php