I’m still thinking about this algae thing, having been on the road when the hilarity ensued. As I understand it, we’re talking about algae because those stupid Republicans keep saying we should produce more oil domestically if we want to lower the price, since we have so darned much of it. And the President responded, that’s stupid because it won’t be here tomorrow.
We instead should “invest in” algae (see, “invest in” Solyndra, “invest in” Beacon Power, “invest in Ener1″…need I continue?). Because algae will be here…um…well, don’t be a cynic.
Because the true engine of… fuels for your engine… will always be energy sources like algae (man, I just wish I was in the room when the consultants worried, “how do we avoid him telling people the real answer is properly inflating their tires,” and the response to this brainchild was “YESSSSSS!,” high fives all around!).
Of course, any insider fool knows that this is a big waste of money because the prez has “invested” a lot of our money in Fisker and the Volt. They don’t need no stinkin’ pond scum to get you where you’re going.
Anyway, flash forward using time travel, which, really, like anti-gravity boots and the rest, has never been more promising (technically, you have to admit he’s right), and enter the world when we pull up to the station and say fill ‘er up with algae! (Free packet of Sea Monkeys with each tank!). It’s just around the corner, as competitive wind and solar electricity have been just around the corner since the ’80s…the 1880s.
The price is 425 dollars and 9 10ths of a cent per gallon. Question for our economist in chief: if we produce more algae, does that bring the price down? Just a window into your thinking.
I sense somehow we’ll be told that we’re really captive to a world algae cartel and that the U.S. is powerless therefore to impact the price. And so stop asking that we produce more. We all know, by now, you can’t produce your way to lower prices.
So that’s stupid. We should instead be investing in…