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August 1, 2008

energy addiction is a complex formula

This analysis is solely the work of the author. It has not been edited or endorsed by GLG.
Analysis By:
William Faris
Founder, William Faris Consulting
Implications: North America and the US in particular have become addicted to cheap energy and it has become a way of life. Like most complex issues it will take a complex solution. the complexity is not in the steps to be taken, but in the actual execution

Analysis: Energy consumption is a hot topic this summer, all puns intended.
from the gas crunch to our air conditioning costs we are reminded about the dependence of our country and way of life on cheap energy.

The solution is clearly rooted in many small steps. Americans need to consume less. this is easy to say, but its tough to get the soccer mom to give up the 8,000 pound suburban with dual temp A/C for her golden retrievers. People need to walk more, not just for their well being, but also for the energy saving. car pooling is another step that is essential before we build another highway. Any trip to the golden state is an illustration of the issue.

In addition we need to reduce dependence on foreign oil. the Pickens plan is a great start. It makes all the sense to sue the Naturl gas resources we already have. Nuclear and Wind power can also help as we transition to to new technologies

Another obvious step is we need to drill where the North Amerian oil exists. If that means ANWAR or offshore, then its imperitive that we start now. If Ms. pelosi continues to block any attempt on a vote, then her party should pay the price at the polls for her pea brained position.

Finally, the leadership needs to penalize speculators who drive up the cost of these resources to the point that they lose all interest in this commodity.

Its a complex formula, but we need to start.

Other Analyses of the Same Source Article:
Let the Renewable Energy Markets Slug It Out
August 4, 2008, Author: Mark Burger, Principal, Kestrel Development Company
No Simple Solution
August 1, 2008, Author: GLG Expert Contributor
This plan will help but no single plan or alternative can produce "Energy Independence"
July 31, 2008, Author: Sam Timpano, President, Sam Timpano & Associates
Comprehensive energy plan
July 31, 2008, Author: William Faris, Founder, William Faris Consulting
The Pickens Plan: A Solution?
July 30, 2008, Author: GLG Expert Contributor

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Generated at 2008-12-01T13:45:22.747