God forbid someone should tell you the sad truth. We have 3% of the world's reserves of petroleum, and use 24% of the world's production of oil. Now how do you propose to drill out of that fact?
First of all, about those high speed rail systems:
“High-speed rail is good for society and it’s good for the environment, but it’s not a profitable business,” said Mr. Barrón of the International Union of Railways. He reckons that only two routes in the world — between Tokyo and Osaka, and between Paris and Lyon, France — have broken even.
SpainÂ’s High-Speed Rail Offers Guideposts for U.S. - NYTimes.com
These things are money hogs, they take billions to run and maintain, the building costs are staggering, and they require a hell of a lot of power. Stupid idea for us, I think we'd have to install new tracks for it cuz what we got now won't support high speeds.
Check this out:
Sadly for rail advocates, these claims are largely bogus, says Cox, who believes that rail promoters ignore accounting principles:
In some countries, government payments that would be called subsidies in the United States are called commercial revenues.
In others, high speed rail operators operate over tracks owned by government infrastructure companies, which are likewise subsidized in some cases.
Often, previous write-offs are not a part of the profit equation.
The lack of transparency in accounting practices makes it difficult to make a judgment as to the level of profitability.
Taiwan Today recently characterized the high-speed rail system as "loss-plagued" and noted it was in the process of seeking to restructure its debt.
A principal problem was that less than 90,000 of the 275,000 daily riders projected to use the system bothered to buy tickets.
The stations aren't full of turnstile-hopping commuters; the Taiwanese were either staying at home or using other forms of transportation.
Projecting more passengers than show up is not unusual in high-speed rail, notes Cox:
The Eurostar service from Paris to London attracts less than one-half of the ridership forecast five years ago and has required a government financial bailout.
The new high-speed rail system in Korea is carrying little more than one-half the passengers originally projected.
HIGH SPEED RAIL IS AN UNPROFITABLE TRAIN WRECK
BTW, did you know that solar power company (SolarWorld) in Oregon you're so proud of? You know that company is based in Germany, right?
I propose to increase our oil production and increase our oil shale and natural gas production. I'm okay with renewable sources of energy, but it's gotta be economically feasible, we can't be subsidizing everything, and we can't afford to be paying higher prices to heat or cool our homes. And I think nuclear power should still be on the table, if we can have nuclear powered subs why can't we have nuclear powered cities and towns? The price has gotta be right though, the big spending days are about over. One way or another.