George Stephanopoulos on oil, gas, politics and Schwarzenegger

There isnt alot thay can do Thay can do alot! take back the 3.2 billion promised to big oil. break up the big oil mergers, witch would make them more competative, Hell thay can do alot !

its time for a radical change due to our consumption of resources,the horrendious traffic & global warming. it high time to start building a rapid rail system in our nation. if not we all stay right where we are now and its only going to get worse.

Besides the big oil companies price goughing how 'bout Haliburton. All the over pricing they've done in the of "war".

George keep up your terrfic reporting! For most its our only way to know find out whats really going on , truthfully, intellgently.

so far I have seen nothing that engages currently available technology to ease the burden on non renewable and oil base resources.

There are currently two technologies that can safely take up at least part of the burden. Wind and solar generated power.

Certainly not the solution to the entire problem. But a mandate that power companies put up wind arrays and that all buildings being built be they homes or skyscrapers, and everything in between, have solar arrays installed on them.

And please don't start screaming that I'm one of the tree hugging nuts. I just plain believe in being prepared. Oil is running out period. Nuclear I believe is too dangerous an option given that politicians would control them and the safety would be handed over to corporate entities all of which are notorious for shaving safety to put a dime in their pockets.

I believe that other renewables should be used as well. ethanol for fuel for some applications. power cells (hydrogen) for others vegetable oil for others etc.

Considering the issues involved we cannot afford to waste a single resource neither can we continue to rely on even the friendliest of energy importers. Once again we must show the world that we simply can do. Not to garner world praise, Because it is simply what we do.

re: (Cult of Thuggee's American style)

George, the public needs (and deserves) news sources that will yield facts, truth and a clear overview of greed and lust in Sodom Gomorra- like corporate oligarchies and the realpolitk in the US of A. Might I suggest, you try being "Fair & balanced" George in your writing. To wit: portraying a Whitehouse marinated in oil money benevolently overseeing the extraction of every last dollar possible off the hides of working class Americans would be a good place to start. Then too, you might have mentioned Sen. Robert Menendez's comments that the oil companies netted $140 billion in profits while receiving an extra $8 billion tax break last year. That simple fact alone(which you failed to either mention or comment on) could have gone a long way to clarifying the issue of price gouging and corporate thuggery so ramped in the business community today. __Your pal in LA__

Actually, there is a way to do it. What they can/ will do is going in Iran(like Iraq) and change its ambition to sell its oil from by Euro to Dollar.(I`ve searched whole ABC site how come there is NO any article about that)

Why do we have to listen to politicians and talking heads chattering about "price gouging" in response to the high price of oil? The price of crude is up due to a number of factors, notably increased demand in the developing world and supply threats in numerous countries. The oil companies and W. himself don't have much to do with either, excepting Bush's adventures in Iraq and possibly Iran. Let's stop blaming the Bush Administration for the law of supply and demand.

There seem to be two kinds of people whining about high gasoline prices. The first type is composed of pickup and SUV drivers. All I can say is, if you don't like the high price of driving, trade your beast in. Virtually any mid-size sedan has more interior room than all but the largest SUV's, and burns about half the gas. Or you can get a minivan, with tons more space than SUV's - and awesome mileage. As for the second type of whiner, let's just point out that these political opportunists (yeah, you, George) just happen to be the same folks usually clamoring for higher gas taxes to reduce consumption and save the environment. The ruckus being raised by political commentators can safely be ignored - it's got everything to do with party politics and nothing to do with reality.

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