Al Gore today gave a major speech on global warming. In it he gives what I see as the real reason for the current drop in gas prices, and it's not just to win elections:
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It is, in other words, time for a national oil change. That is apparent to anyone who has looked at our national dipstick.
Our current ridiculous dependence on oil endangers not only our national security, but also our economic security.
Anyone who believes that the international market for oil is a "free market" is seriously deluded. It has many characteristics of a free market, but it is also subject to periodic manipulation by the small group of nations controlling the largest recoverable reserves, sometimes in concert with companies that have great influence over the global production, refining, and distribution network.
It is extremely important for us to be clear among ourselves that these periodic efforts to manipulate price and supply have not one but two objectives. They naturally seek to maximize profits. But even more significantly,
they seek to manipulate our political will. Every time we come close to recognizing the wisdom of developing our own independent sources of renewable fuels, they seek to dissipate our sense of urgency and derail our effort to become less dependent. That is what is happening at this very moment.
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Transcript:
http://www.changetheparty.com/index.php?option=com_mamblog&Itemid=47&task=show&action=view&id=171&Itemid=47Watch the whole speech here:
http://www.law.nyu.edu/newscalendars/2006_2007/gore/index.html
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