Here is an all-win, no-lose, plan that will please the country and stop the blackmail from foreign oil suppliers. The outrage of $5 gas is coming soon - probably next year. It will wipe out the recovery and your administration in the next election. It must be stopped. Challenge the foreign oil suppliers with America’s most abundant and cleanest transportation fuel, NATURAL GAS. We can still use all the ethanol our farmers can make in dual-fuel cars. Conversion to natural gas cars sounds like a long and expensive transition. Not at all! You don’t need to force anyone. All you need to do is start the ball rolling. And there is a clever way to do that without any government subsidy, believe it or not! Nationally known and syndicated financial expert Bob Brinker came up with the deceptively simple, genius idea described below.
Mr. President, please sign a simple executive order tomorrow that says that all federal vehicles purchased after, say, January 1, 2012, must run on NATURAL GAS as well as other fuels such as gasoline, diesel, or ethanol. Such dual-fuel vehicles are already being used by smart companies all over the country. No new design or technology is needed. (Federal agencies can op out for a while if they have no easy natural gas supply.)
Why does this work? The federal government is the biggest purchaser of new vehicles. The automakers already supply tens of thousands of cars that run on natural gas or gasoline (or ethanol) for utility companies and taxis companies all over the country who gladly pay a higher price for these dual-fuel vehicles because their fuel costs are reduced. With the enormous federal government market for natural gas vehicles, car manufacturers will quickly make natural gas cars and light trucks available to everyone at no big price increase over conventional gasoline cars. Natural gas is available in almost all urban areas where most of the commuting is done. It is easy to fuel natural gas cars at home. But this initiative does not force any private citizen to buy natural gas/dual-fuel cars.
1. Natural gas is the only significant "alternative transportation fuel" that will be available over the ten to twenty years. And it is available everywhere, right now!
2. Dual-fuel natural gas+gasoline(or ethanol) cars will suddenly be available to the general public at no increased cost. Car makers now deliver them for utilities and Taxis.
3. The middle east oil countries know how much natural gas we have. They are terrified that we start using it and less of their oil. They will bring the price of gas down to $2 a gallon and keep it there to discourage our conversion.
This is a all-win, no-lose initiative for you. All you have to do is sign a piece of paper. Any agency that does not want to buy natural gas, dual-fuel vehicles can op out. But your executive order alone will cause foreign oil suppliers to think twice about blackmailing the U.S. for oil. It tells them where we are going -- and that we will not need their oil in ten years or so.
The biggest worry for the foreign oil suppliers is that we will start using our enormous natural gas supplies, now estimated to supply the U.S. more than 100 years. The price of gasoline will drop to $2.00 per gallon or less – even before we convert large numbers of our vehicles to natural gas. American workers – and the economy -- will applaud you.SIMPLY ANNOUNCING A REAL U.S. GOVERNMENT INITIATIVE TO USE NATURAL GAS FOR TRANSPORTATION FUEL WILL BRING THE PRICE OF CRUDE OIL DOWN BELOW $50 A BARREL.