The Price No One Wants To Discuss
The price of gasoline in Hawaii is now hovering right around $5.00 a gallon and the traditional increase in price that now occurs every summer looms just around the corner. The conversation about the high fuel cost is now heard everywhere. Peoples lives are being seriously affected as weekly paychecks are already stretched thin. Business and communities are also feeling the pinch on how to cover the transportation needs and stay within budget. It is a dilemma of vast proportions.
There are those that see a solution in off shore deep water drilling, opening the arctic refuge and the Alberta tar sands reserves and related pipelines that will allow relief from further increase in the price of oil. Any objections to these alternatives are often met with stiff arguments. The arguments are always selfish, self serving and misguided. An important fact seldom comes into the equation.
The price, demand and supply is not the critical issue with oil and gasoline. The unspoken fact is that the continued burning of fossil fuel (in this case petroleum) adds to the amount of CO2 in the atmosphere. If modern and developing nations do not reduce CO2 emissions climate change is inevitable. This is fact. The price at the pump today is not worth the future my children. That is the price no one wants to discuss.
Garth Lenz was a speaker in Victoria, Canada for a Ted Talks presentation in January of 2012. This is the true cost of oil.