With gasoline prices headed toward $5 a gallon, more than half the population become marooned in the suburbs

Oil change

The Nation
by Nicholas von Hoffman

06/09/08

With gasoline prices headed toward $5 a gallon, more than half the population has, in a matter of a year, become marooned in the suburbs. The economics of housing combined with the lunacies of city planning have left most Americans stranded, miles away from their places of work, their schools, their stores and medical facilities. The physical plant of the United States for the past sixty years was designed on a premise of cheap energy. This has left much of our population locked into homes and communities they now can ill afford to leave in the morning, come back to at night, heat in the winter or cool in summer. Nor they can sell out and go elsewhere...

http://www.thenation.com/doc/20080623/howl



Subsidies: a big culprit in high gas prices

Christian Science Monitor
by staff

06/11/08

In China, the government caps gas prices. Drivers there pay about half of what Americans pay. In many countries, oil prices are held artificially low, either by fiat or subsidy. The result? Consumption keeps rising, boosting global prices. The rest of the world — the part now racing to conserve — ends up paying more than it should. Unfair? Yes, say global actors such as the International Monetary Fund (IMF), which is calling on governments to let consumers face market prices in order to kick-start conservation and reduce official spending...

http://www.csmonitor.com/2008/0611/p08s01-comv.html



Why is America in the same energy predicament it was in the 1970s?

Hawaii Reporter
by Richard Olivastro

06/10/08

With gasoline prices rising every day, Americans are reeling at the pump; as their hard earned dollars are reeled out of their pockets by the newest one-armed bandit: the gas pump. Yes, many feel the ever increasing gas prices are a ‘crime’ of sorts, but more important is the realization that what is happening is not a ‘victimless’ crime. And, however reluctantly, almost everyone necessarily returns to the ‘scene of the crime’ yet again and again...

http://tinyurl.com/634uw9


Informant: Thomas L. Knapp



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