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The Oil Addiction

I'm old enough to remember when $3 was the price of a tank of gas. Now, that's what it takes to buy a gallon. None of us should be surprised. Our continuing addiction to oil could only lead in one direction: more and more dependence on foreign sources and higher and higher prices. Think about where this all leads. We need foreign oil, so we must become politically involved in the Middle East. We are forced to deal with tinhorns like Hugo Chavez of Venezuela. We turn our back on the growing dictatorship in Russia. We pay higher and higher prices, so our balance of trade continues in deficit, we go further in debt and we mortgage more and more the future of our children. It's time we got off this addiction. National security demands that we become energy self-sufficient. This means exploiting all reliable domestic sources of oil and investing heavily in alternative, renewable"?energy sources in a program equivalent to the race to the moon in the Sixties. And if the current people can't get it done, let's find some who can and will!

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John do you think rising gas prices will have a negative impact on house prices and a slowing of the housing boom this summer?

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