Gasoline prices a "crisis": Bodman

'Addiction To Oil' Forum

Gasoline prices a "crisis": Bodman

Tue May 2, 12:06 PM ET

WASHINGTON (Reuters) - U.S. Energy Secretary Sam Bodman said on Tuesday that high gasoline prices which have skyrocketed to a near record are a "crisis" for Americans.

"It is a crisis in the sense of the individual," Bodman told reporters after a meeting with Saudi Oil Minister Ali al-Naimi.

Naimi, also speaking with reporters, added that the U.S. plan to reduce dependence on foreign oil supplies through renewable energy sources was "a good thing for the world" as some oil fields, including the North Sea fields, decline.

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-HECK!

I wonder if it will be too late before any collective effort it put forth to curb this crisis. Before you know it, if we're not already, anyone with a car is going to be the total and complete biotch of big Oil.

-HECK!

I think the whole notion that people don't want to move to an alternative is idiotic and just signifies stupidity, we need to start planning for the future unless you don't care about a crash. If people stop thinking for the here and now, we'd be in much better shape.