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improved Fischer-Tropsch process for near &W> a barrel. (Todays world market price is over $ l 15/barrel. >
So wiving our “oil shortage’* certainly isn’t a technical problem? If we act. it would in time give us energy independence, save untold billions sent abroad annually for imported oil. create more good jobs at home, help our balance of payments, and bring prices down, seriously reducing transportation costs. It will take time; let’s hurry?
Washington hasn't done much, if anything, to help? Both the Executive and the Congress have been equally and grossly negligent - nor do candidates for the presidency offer practical, do-able solutions? Maybe it is time for us to speak up. Individually we have little influence. But if the energy and talent, now focused on what can be viewed as a peripheral, minor problem with power lines, were aimed at helping solve a serious, potentially economically destructive threat, there might be progress.
Think about it: the U. S. currently produces a bit less than 40 percent of needed crude oil. Even if nothing happens to reduce supplies by accident or politics, unlikely, growing world demand will keep prices ris
48.2%