Subsidizing Big Oil?

Over the past two weeks the cost of oil on the world markets has increased dramatically due (supposedly) to the internal conflicts of several Middle Eastern countries; currently, Lybia is the NYSE excuse scapegoat. The message boards are aflame with anger at the sudden run-up in the price per gallon of gasoline. Oil, which hasn't yet been delivered to US refineries, is the reasoning behind the sudden increases. As of today, gas has gone up 0.33 cents over the last two weeks.

In responding, I again made a call for Americans to write their Congressional Reps (both Houses) to end Big Oil subsidies and put that same money towards clean alternative energy research. My Response...

"This whole run-up is entirely about money--money for Big Oil, Foreign Powers, NYSE Trading Houses, Elite Oil Investors and certain current and former politicians whose fortunes were built on oil. No one else benefits. Certainly not the average American consumer.

I've read a number of posts today referring to the subsidies given by the US Govt to Big Oil, as if Big Oil couldn't survive without them. Well, I've previously postulated that we need to press our politicians to eliminate subsidies to Big Oil, and put the same $$ towards alternative energy research and job development.

Such spending could very well be the catalyst for the next great American industrial revolution. Untold numbers of jobs would be created, Big Oils' grip on the US would be over, our environment would be cleaner, and energy would be cheaper. How is this a bad thing?

THAT should be our focus--not subsidizing absurdlywealthy CEO's, Foreign Princes, Oil Traders, etc. It's time for America to stand up and say, "Enough!" Let's work towards clean energy Independence, and put the United States atop the world once again as a beacon of hope, change and economic leadership."

As previously, I have gotten zero replies or support for such an idea. I guess everyone is too busy whining to take the time and think about solutions.