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We all seem to be losing sight of the main problem. I think that we all agree that there is a problem. We have rising oil prices and no good alternatives out there. Now I know that many of you have talked about electric cars and they are a great idea. But, they still use electricity. How do we currently get electricity? Mostly from coal and fuel oil.
There are many other great alternatives to produce electicity; for instance, nuclear powerplants. Wait, now we have another problem. Many people don't like nuclear power because of the environmental impact. In fact, no new nuclear power plants are being built do to safety concerns. Ok, so lets look at hydroelectric. Oh wait again, many environmental groups don't want us damning the rivers so I guess we can't do that. There has even been a push to eliminate wind power.
I guess what I'm trying to say is that this is a problem stemming from all sides of society. We need to find a middle ground and stay there.
As far as "Big Oil" profits go. We (and most people who have mutual funds) are invested in oil. We are also invested in fuel cells. So far, neither stock has done well in the past couple of years.
By the way, I own one of those big ugly SUV's. I use it to tow trailers, heavy ones. The day that I can get a hybrid SUV that can tow a 5,000lb trailer, I'll be the first one in line regardless of price.
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