We're swimming in gasoline right now. But this is not a sustainable level.
We should be putting that money into research and development to improve the technology.
Next year, we'll quite likely have rates higher than this winter. The futures market for natural gas is telling us that these prices are not temporary.
It looked like money down a rat hole. I can certainly see why they'd be cautious now. Just because you're making an extra $35 a barrel doesn't mean you should be pouring that into exploration.
It's not like this is a gigantic change in the cost per mile of driving your car. That's why you won't see many people get rid of their cars or suddenly decide they can't drive to work anymore or will take the subway or whatever.
There has to be a recognition (that) we need to address this even if it requires sacrifices by individuals on a daily basis.
Clean coal does exist, but it's no more cost-effective than solar power. A 22% increase in funding is just not a Manhattan Project-type effort that we need.
It's a world market for oil and that's why we have high gasoline prices.
Unfortunately, sometimes you see big wealth transfers occur when something becomes scarce.
The only way to save money is to shop around because even within cities there's still huge price difference, often 20 or more cents.