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Reader comment on:
Responding to Energy Myths

Submitted by keith, Aug 27, 2008 17:30

No Mr. Stossel, your argument didn't anger people. Suggesting the belief that USA Energy Independence is idiocy angered people. I suggest that you look up the stats of the 70s regarding what happened when the oil flow to the United States was reduced. For starters gasoline prices quadrupled, interest rates rose to as high as 18 percent, and we saw double digit inflation. Today a similar situation could mean $16.00 a gallon gasoline. You may have an economic argument why that would be good, but I am not a rich TV commentator who provokes people with ill based arguments. High priced gasoline like that would ruin me and my family and most other families. It would probably put a crimp in your TV ratings also. Back then we only imported about 30 percent of our oil needs. Today we import about 67 percent. Close to have of what we import comes from parts of the world such as Iraq, Saudai Arabia, Nigeria and Venezuela, that are one step away from terrorist attacks, war, or unfriendly government. The trouble with your argument Mr. Stossel is your models models are based on the way things are. I don't plan to bet the future of my family on depending on the oil barons of unfriendly oil cartel nations. I would rather move forward through a combination of conservation (new auto technology), increased utilization of developing oil reserves, and the rapid development of alternative energy. Mr. Stossel you sound like a railroad baron of the late 19th century unable to see the future because of your preoccupation with the way things were then, rather than looking at a guy named Henry Ford was trying to do. Keep the blinders on sir and keep on using your position as a journalist to show who the idiot is. Keith Sanderson President and Co founder USA Energy Independence dot com


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Other reader comments on this article

Comment By Date

I normally enjoy John Stossel's commentaries and television appearances but the above article has one flawed assumption i.e. that there... [MORE]

Joseph A. Zupo

Aug 28, 2008 02:28

No Mr. Stossel, your argument didn't anger people. Suggesting the belief that USA Energy Independence is idiocy angered people. I...

keith

Aug 27, 2008 17:30

Dear Mr. Stossel---Energy independence may indeed be an un-achieveable object, but if domestic production were to increase substantially it might... [MORE]

Don Carlson

Aug 27, 2008 17:30

Mr. Stossel's analysis is almost too simplistic to be believed. I'm sure others have asked this too, but is he... [MORE]

ssbaker305@yahoo.com

Aug 27, 2008 15:29

John, your points about energy myths are too simple maybe even border line common sense. Too bad politicians can't grasp... [MORE]

Peter Chicarello

Aug 27, 2008 10:00

If the ultimate goal for US Energy independence is merely that, then perhaps you are correct. However, the United States... [MORE]

Kelly Knight

Aug 27, 2008 09:09

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