Page added on December 2, 2005
Although American motorists may have gotten some good news at the gasoline pump recently as prices have fallen from their summer highs, the fact is that in the long term, the price of fossil fuel products will continue to rise unless we take measures to prevent it. World oil and natural gas demand, generated especially by economic growth in China and India, continues to grow by leaps and bounds…
What can we do? We can seek to reduce demand by improving fuel efficiency and exploring energy alternatives – the approach favored by environmentalists and politicians. But such measures can get us only so far.
We must also take steps to increase the domestic supply of oil and gas. By doing so, we can offset price increases and reduce our dependence on imported oil and gas, which will improve our national security.
Boston Herald
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