Declaring Our Freedom from Mideast OilPosted 9/11/2007
By Sen. Orrin G. Hatch
I must admit that this time of year, I don't enjoy having to say goodbye to summer: the warmer weather; the sunshine; the brighter days; barbecues; and family reunions.
But one thing people don't generally miss about summer is the higher fuel prices that come with it - and this summer was the worst on record. When gas prices reached their height in June, the average cost in my home state of Utah was $3.26 for a gallon of regular gasoline.
There are many factors contributing to the skyrocketing gas prices: increased demand for gas from rapidly industrializing countries like India and China; lack of domestic oil refining capacity; and supply disruptions from foreign sources.
To combat these problems, we need to use many different tactics. One proposal I have developed with Sens. Maria Cantwell, D-Wash., and Barack Obama, D-Ill., is the Fuel Reduction using Electrons to End Dependence on the Mideast Act of 2007, or the FREEDOM Act. With it, we hope to initiate a shift in the transportation sector away from liquid fuels and toward the greater use of electrons.
Electricity can be much cheaper and cleaner than petroleum, and electricity can be generated domestically and independent of the global oil market. I believe that the United States is in a unique position to take the leadership role in developing the market technology and domestic production capacity for this dramatic shift in the transportation sector.
The FREEDOM Act's goals would be achieved through four strong tax incentives:
There are no short-term fixes to gasoline prices, but the principles in the FREEDOM Act are realistic goals for our country's future. Electricity-powered cars are better for the economy, the environment and national security. By supporting the FREEDOM Act and similar legislation, we will shift our nation into the fast-lane of energy self-sufficiency.
AutoInc. Web Site |
ASA Web Site |
U.S. Court of Appeals Affirms District Court Ruling in Allstate Insurance Case |
Alternative Fuels, Part 2 |
Don't Leave the Back Door Open |
Avoiding a Rush Job |
Wage-Hour Standards in the Auto Repair Industry, Part 2 |
Guest Editorial |
Tech to Tech |
Tech Tips |
News Briefs |
Taking the Hill |
Around ASA |
Shop Profile |
Net Worth |
Stat Corner |
Copyright (c) 1996-2011. Automotive Service Association®. All rights reserved.