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apathetic with apathy

OPEC and Pollution

There are many incentives to support alternatives to the petrol based fuel guzzling fossil burning ageing technology that we drive today. Least of which is the pollution and resullting Global Warming epidemic. Luckily I have stumbled into a new incentive that is both pro environment and can bridge the gap between the have and have nots. If the people that can afford to pay extra for the new technology that is needed to drive our cars into a eco friendly future do so, then as a backwash, OPEC will decrease the price of oil to maintain their monopoly. A Win/Win, the only problem ofcourse is the desire and willingness of the poplulation to make a concerted effort to achieve this goal. Just another Irony for those who are wealthy enough to afford to make a difference to consider.

OPEC expects to keep the price of gasoline at about $2.25 per gallon. According to a Foxnews.com news story on October 20 (here), “OPEC’s cut also signaled that it would defend a price of about $60 a barrel, high enough to justify its investment in future production capacity but low enough to allow economic growth and deter a flood of alternative fuels.”

e_85.jpg

It seems that the inreasing viablity of the E85 ethanol and gasoline blend warrants enough concern for OPEC to initiate a more competitive pricing strategy.

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