From Deseret News archives:
No easy way out of the oil crisis in U.S.
A few weeks ago, I suggested that increasing them, with the extra money going to encourage alternative fuels, would be a good way to begin weaning the nation off its dependence on foreign oil and to take power away from oil-rich despots.
Judging by your reaction, however, you are about the same as Congress. As one oil official told the Associated Press this week, the nation is sending a mixed message: Produce more oil, but reduce demand for gas.
Those of you opposed to my suggestion generally summed up your argument by saying you are tired of high gas prices that make it difficult for you to live, while the rich seem to get by with little trouble. (There were some other, thoughtful, replies having to do with the private market and consumer behaviors, or with skepticism that any viable alternatives exist.)
I can state with a fair amount of certainty that most of you don't like paying what you now have to pay at the pump, that many of you blame this on oil companies without considering other factors, that you would like to be less dependent on oil, and that many of you have strong feelings as to how to remedy the situation.
I can also say, from studying debates in Congress, that each solution comes with consequences, and some of them are unintended.
When I wrote that column, I was fairly certain no politician would actually propose hiking gas taxes. But earlier this week, the Senate considered, then rejected, slapping $29 billion in new taxes on oil companies. That may not have been a direct tax on gas, but you can bet the costs would have been passed on to consumers.
Money raised would have gone toward the production of ethanol and biodiesel fuels. It also would have funded wind power and other alternatives for the generation of electricity.
But as soon as the discussion began, the unintended consequences started rearing their heads.
Oil companies said they would cut back plans for more refineries. A lack of refineries has been blamed for rising gas prices in the United States. But it makes no sense to invest in such a thing when the nation wants to move toward alternatives.
Critics of ethanol said it would raise the cost of food (ethanol is mainly made from corn), or that it would harm the environment by pumping carbon into the air.
Comments
- Gunman surrenders at N.Y. school 9:29 p.m.
- Bill Clinton prods Demo senators 9:28 p.m.
- Ex-Bear Stearns managers acquitted 9:25 p.m.
- Deseret Book's new Orem location 9:06 p.m.
- Home prices fell in 8 of 10 cities 9:06 p.m.
- Madoff beneficiary willed $ to charity 9:05 p.m.
- Report: 1 in 5 on mortgage relief 9:04 p.m.
- Adobe says it will cut 680 jobs 9:03 p.m.
- Utility worker killed in Roosevelt 8:57 p.m.
- 12 Utes return to Texas 8:56 p.m.
- Utah group finds homes for orphans
- Pratt pleads not guilty to sex charges
- Y. tight ends talented tandem
- Jazz blow big lead, hang on
- Utes get extra motivation
- Senators want food tax restored
- Hair-pulling raises more questions
- BYU soccer incident still popular
- Lobo land like home for BYU lineman
- U. hopes to keep clicking
- House passes health care bill
260 - TCU showdown has big implications
187 - Lobo suspended
185 - Cougars crush hapless Cowboys
155 - Senators want food tax restored
147 - Utah Jazz fall apart against Kings
131 - TCU 4th in AP poll; U. 16th, Y. 22nd
119 - S.L. vote pending on gay protections
104 - No 'backlash' for pioneers, gays analogy
104 - RSL rallies to advance
103
Maybe someone out there can help me understand how raising the state...
As a Calgary Stampeder fan it is hard to give props to the competition, but...
Nice job to all all staters! C most of you if not all of you in Basketball
After the TCU beat down, I'm embarrassed to even mention the words...
The church has always had the stance of defence of traditional marriage, so...
The headline, as usual, is misleading. It should read "LDS Church Reaffirms...
We don't need anymore bad mouthin on here from Dixie or Springville!!! it'll...
why are you guys making fun of a poor high school kid getting excited about...
LET IT ALL HANG OUT FELLA'S!!!! You will always regret it if you dont i...
Great statement and position - I can only hope that people who disagree will...
@Gayle: If you read the article you will note that the church is simply...


You can be the first to comment on this story.