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Message: Re: Housing woes can't derail economy....

Sounds like you also lsten to Glenn.. how about coal gasification?

 

Last time I remember they brought that up... and tried to get funding for it, it was mentioned you could get the same amount of gas with this process at an equivalent cost of $35.00 to $38.00 per barrel of oil.

That was back in August 2006 before this current crop of legislators was elected however...

www.glennbeck.com/audio/free-audio.shtml

scroll down to 8/17/06.. Coal to Oil discussion with David Neeleman, founder of Jet Blue Airways, and find this pdf.

www.glennbeck.com/2006ads/jbluctl.pdf

 

Considering that 75% of the 3.7 billion barrels of imported oil in 2005 came from unstable governments, why is it that this congress can't concentrate on REAL solutions, instead of writing amnesty bills that legal citizens DO NOT WANT and re-writing patent laws which have served the country's innovators well for the past 200+ years.

I'm sure the answer is that they don't want to do anything that might be considered a boon to help the economy... at least not until their party is back in 1600 Pennsylvania Ave. I just hope the country and our economy can make it that long...

 

By the way, when there was talk of this back in Aug 2006, and Neeleman was presenting this to congress at the time, oil prices were on the way down.

OPEC knows well enough that if this process gained any traction our imports will go down, and so will the price the futures traders can command.

 

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