The prices here are $3.59/gallon. It's ridiculous! But right now we're caught between a rock and a hard place. We get a lot of our oil from Saudi Arabia, but there's plenty of it in Canada. In fact Canada is only 2nd to Saudi in oil reserves. The problem is it cost too much. It cost about $15 per barrel to produce when we can get it from Saudi Arabia for like $2.00.
I mentioned moving beyond fossil fuels in another thread. I mentioned that we should switch to corn ethanol, but unfortunately it wouldn't be a long term solution. What we can do is use Cellulosic ethanol, because it can be produced from pretty much any carbon based stock, like wood and solid waste. We have so many resources that are possible. I think with more efficient vehicles, alternate fuels and cleaner electric power all coming in the next few years, the high gas prices could be a thing of the past.
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