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Message: Re: Green Fuel.
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Sep 28, 2010 03:30PM

Jimmy,

Your point is well taken, however:

On October 17, 1973, the Organization of Petroleum Exporting Countries (OPEC) announced an embargo of oil exports to all countries, including the United States, that were supporting Israel in the Yom Kippur War. Only approximately 10 percent of the United States' oil imports were affected, but the perception of a major oil shortage motivated the next three presidential administrations to exert a strong federal influence over energy.

President Richard M. Nixon created the Federal Energy Office (Exec. Order No. 11,930, 41 Fed. Reg. 32, 399) and appointed an "energy czar" to oversee oil supplies. President Gerald R. Ford's administration saw the passage of the Strategic Petroleum Reserve (42 U.S.C.A. § 6234) and the promulgation of minimum efficiency regulations for automobiles. In 1977, Jimmy Carter's administration created the department of energy (42 U.S.C.A. § 7101), which was the framework for the coordination, administration, and execution of a comprehensive national energy program

Dischino comments:

In 1977, our dependence on foreign oil was about 30%, and today it is much higher, but I don't recall the number off the top of my head, but not far from double...I think, don't quote me....

Our Gov't has spent countless billions and we are worse off today by a long shot. I agree green fuel fits some where in the picture, as does solar, wind machines, coal, oil shale, oil sands in Alberta...the list goes on, but I have zero faith, if history is the lesson, that this and the next several adminstrations will fix what's been broken for 4 decades and counting.

I am not disagreeing on the green fuel topic, as your point is valid, but who will take us there in a reasonable time frame, so that Silverado and it's share holders will benefit?

I'm not a basher....LOL!!!

2
Sep 28, 2010 04:20PM

Sep 28, 2010 04:27PM
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