There are too many families in Bucks County who are having a hard time coping with the price of gas. When one has to make a decision to cut down on food versus buying gas just to get to work, there is a problem. It's immoral that Exxon Mobil is making record profits while almost everyone I know pays more than $100 a week for gas just to get to work. The company made $40 billion in 2007 — the largest profit of any company in American history. Two more oil companies announced they had made $17 billion in the first three months of 2008. I'm glad that Patrick Murphy, our congressman in Bucks County, has taken a hard line on these oil companies. Murphy voted to repeal the subsidies to big oil companies and wisely invest the money in renewable energy.To help Patrick, click here.
It's clear that innovation will be the key to breaking our dependence on foreign oil and driving down oil costs. It is simple economics — oil is a fossil fuel that cannot be replenished. As we run out of oil and demand continues to grow, the price will go up. The idea that we can address gas prices by finding more gas is short-sighted and dangerous. Murphy's focus on creating green energy will help boost our economy and help protect families from struggling with out of control gas prices.
Anthony C. Badessa
And by the way (speaking of energy), T. Boone Pickens has a full-page ad in the New York Times today describing how we can supposedly end our addiction to foreign oil under his plan.
I hope he doesn’t welch on his promise about this as he did here.