Capitol Hill Blue Forums Political Issues Finance, the economy & Economics Reducing the cost of Oil

Last on my rant is alternative propulsion sourses. If we can eliminate the need for new internal combustion type engines, then we can decrease the need for new oil capacity. In the past we have requested alternatives to oil, I suggest that we demand new forms of propulsion. Get rid of the V8 and replce it with electric/Hydrogen/Oxygen/nuclear/fill in the blank forms of automobile. They must be competitive with todays performance and cannot cost any more to produce. They MUST go from 0 to 60 in less than 15 seconds, why you ask, because they MUST be an alternative and not a sacrifice. The government should provide a reward for the first 5 companies who succeed in the quest within 10 years, let's say $100,000,000 ea put in an interest bearing account, each winner gets one. Nothing motivates like money, even if the winners lose money in the deal, the competition will drive development. At the same time we look for alternative fuel sources, but not like the Carter Mobil One debacle. Two or three labs, working in secret from each other, funded by the US government, doing nothing but experimentation. The greatest minds recruited for the cause, top pay and a budget that is approved in 5 year increments. Show results and you get 5 more years. I know, you are all saying that we could feed the poor and what about the children, but what about the vast majority of America who will benefit from such successes and in the end, the poor and children will benefit also.

We don't need taxes and we don't need threats. We need motivation and inspiration and competition. It will work and the results will bring on a new age! OK, maybe a slightly modified age, but the potential success will be enough. Think of it as another challenge in the "America in Space before the end of the decade" type challenge. Win or lose, it is an approach that will excite America, an idea of hope instead of an idea of failure.