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Sunday, August 15, 2010

The Hidden Cost of Oil.

Insightful article from NPR on the real price of oil and the costs of an "Oil Defense" foreign policy.

<img href="http://media.npr.org/assets/news/2010/08/09/gas.jpg?t=1281355429&s=2" alt="woman pumping gas" />

In a nutshell:

a peer-reviewed study on the cost of keeping aircraft carriers in the Persian Gulf from 1976 to 2007.  ...came up with a total, over three decades, of $7.3 trillion. Yes, trillion.

Read the article.

Then read this McKinzie report about a possible strategy for finding a solution to oil dependency...

And the Winner is...

...and then maybe ask yourself why the government doesn't spend more of our money this way.

 

Posted via email from FrancoB411

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