Max Smoot
11-24-08
ENSP 200
Peril in the Economy
With the new president elect Barrack Obama about to become our president, there are many things on the mind of the people of our fair nation, and all over the world. A large piece of the economic puzzle has yet to be put into place however and that is the issue over oil. It is no mystery that our world oil supply is slowly dwindling away and something needs to be done in order to be able to have reusable energy in the future. As we are about to see Obama take over, the gas prices have dropped to an amazing two dollars a gallon and it is almost impossible for the consumers to be satisfied.
Barrack Obama has spoken about the need for renewable energy. There is something that gets the attention of most people around the world which is the fact that we have yet to delve deep into the green movement. With the money hungry oil tycoons that are controlling the market, it will have to be up the youth of this nation to explore other options as to what we can do with energy. Barrack Obama plans to have green energy be a part of everyday households as soon as possible and have 30% increase in jobs because of the new work field incorporated with being a part of the green industry.
However, many efforts are being made to slow down the fossil fuel energies and the transition to green energy is slow and steady. Emissions of fossil fuels into the air have decreased very steadily since the year 2000 and the numbers are still continuing to drop. The one major player in all of this is the soviet and Chinese States. The soviets during their industrial revolution produced carbon into the air. The Chinese are still very active in mining for coal and producing steel.
All and all, something is being done in the environment and in peoples minds to change the way they view the future. In my mind, the oil tycoons are living in the here and now with their capitalistic attitudes. Understand that I am not writing...