Gas prices are falling and the
painful pump is no longer an issue. Because of the economic crisis, and the pending election, the price of gas has been slowly shrinking and so has
sour sentiment.
Does this mean that happy speeders can breathe a sigh of relief? Not yet. Supply of oil remains finite and there will come a day when Americans won't be able to afford our current driving habit. The countries who hate us (dare I say- our "enemies") called for oil production to be reduced when OPEC met in September. Both Iran and Libya are for reducing oil output in order to increase oil prices. United Arab Emirates and Kuwait seem to be for delaying a decision, and Saudi Arabia has yet to take a stance.
Source BBC NEWS on line "
Output issues loom as OPEC meets"
As oil prices threaten to plummet below 50$ a barrel, the members of OPEC will debate ways to slow the declining profits. In addition to falling prices, some say the demand for oil is at it's weakest since 1993 as more oil fields open up. Even at today's prices, Venezuela and Iran, two of OPEC's 13 members, may struggle to balance their budget because they rely on energy sales for more than half of their revenue, according to estimates compiled by the U.S. Central Intelligence Agency.
Source: Ghana Broadcasting Company on line "OPEC to meet early on declining oil price"
If you don't know who "happy speeder" is, read Choose to use less fuel before the Law changes and you have No Choice! . Choosing how and when to drive are liberties that fall at the bottom of my priority list when compared to others, but they do make the list. I am willing to use all available resources to make sure that I and others who value freedom have the choices guaranteed by our Constitution. Most of all, I am willing to use all available resources, including my money and my lead foot, to reduce the effect that our enemies can have on our freedoms. I am proud to be an American, and I am proud to exercise my freedoms as an American without advancing the cause of countries that want to make those freedoms obsolete. That is why I have a sticker on the back of my car that says... Slowing down a little...Saves a lot!
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