So High Above

Unlike Senator McCain who plans on solving the energy crisis by awarding prizes to Corporations for energy solutions, Senator Obama has some clear policy initiatives on his Web Site www.barackobma.com . Reading the Policies stated on the Obama Web Site one can see that Senator Obama gets it, he calls for massive long term investments in research, development and deployment of alternative, renewable fuel sources and the infrastructure to implement them. This past week we saw John McCain offer two solutions to the energy problem, the first being continue drilling for oil off shore and on public lands, the second being a $300 million dollar prize to the corporation that can develop a better car battery. Mr. McCain seems to be very limited in his vision of the future of energy. Neither McCain solution will have any significant impact on the way America produces and uses energy. Although Senator Obama's policy pronouncements are lacking , at least they have a vision for the future and ...

Will the Oil Companies in 2020 still sell oil? With record profits some oil companies see the writing on the wall and are making capital investments in alternative energy research and development. Companies such as BP and Conoco Phillips seem to be at least willing to invest a token amount in alternative energy projects, that would certainly be a prudent idea for a company that knows the product it sells will be obsolete and will vanish from the earth at some point. The question is however, why would the profit laden oil companies even question making an investment in alternative fuel. If the fuel remains a liquid dispensed fuel the major Oil Companies have a tremendous amount of retail outlets. Wouldn't it make sense to develop a product that will utilize the infrastructure of their retail outlets. Exxon/Mobil, even though pushed by the shareholders, still refuses to make a major investment in the future. The Corporate leadership of Exxon/Mobil seems oblivious to the future. A tho...