Late entry today. Meetings and business issues took most of the time, but every minute of it was worthwhile.
In the meantime, Hugo Chavez, Venezuela's president seems to have told the U.S. to "go to hell," when talking about supplying us with oil. His country presently accounts for about 10% of our imports. So, now we can add him to the unrest in the Middle-East as we watch gasoline prices exceed $4.00 a gallon going into the holiday weekend.
These issues add more fuel (no pun intended) to my continuing question of why we can't drill right here at home and cut out our foreign dependence. Because, there's really no valid reason not to fulfill our own needs when known domestic supplies are more than sufficient. And especially with huge unemployment, sinking real estate values and rising inflation (primarily due to oil cost and over-regulation), most folks are over a financial barrel.
On the other hand, the political clock keeps ticking and American voters are quite savvy. And the more they're squeezed for no valid reason, except outdated political theories, the closer we are to telling incumbents to hit the road. And that's when they'll find the real costs of what they've caused, since by then gas will likely cost ten bucks a gallon, even for the unemployed.
That's it for today folks.
Adios
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