The oil spill problem

Everett Bogue gave a long-term solution to the recent oil spill problem. Stop driving. Your car consumes oil for power, and is the very reason for the need to drill oil. No car means less of a need to drill massive amounts of oil.

I say “less of a need” because there’s public transportation. I’m not sure if we can ever get to the point where there’s no reliance on oil at all. But every little bit helps.

I bring this up because recently I wrote about something similar in my magazine (download the free preview for July 2010).

Ever since I started working for myself, I started walking. A lot. Mainly because I was cutting costs. But also because I get to walk among trees, feel the breeze on my skin, and hear the sound of birds chirping. (There’s also the scorching Singapore sun and wicked withering weather, but I’m ignoring them) Public transport became a luxury for me, but I gained other luxuries.

Somewhere further in the article, I gave a generic solution to empowering you as a consumer.

A company exists because you buy their products and services. You stop buying, and they disappear. You have more power than you think. Vote with your money.

Same with oil. The less you need of it, the fewer companies form to extract it, the less of a need to extract large amounts of it, and the less of a need to create machines to handle large amounts of it (and thus creating a large mess if something goes wrong).

There you have it, something to think about over the weekend. What do you think of the matter? I’d also appreciate it if you can find information comparing public and private transportation with statistics and numbers. This will give an indication of the benefits of forgoing cars and other private vehicles to reduce our oil reliance.

  1. Jay Johnson

    Good post on a complicated issue. I like the idea of individuals proactively voting with their wallets vice passively voting for a politician to take care of the issue for them.

  2. Vincent

    Thanks Jay. As a friend of mine once said, money has a lot of power (rightfully or wrongfully so). You want to affect something, change something for the better (in your opinion), then amass wealth. The more money you have, the more power you have (so to speak).

    And in economics, sometimes one individual with a lot of money (power) is less effectively than millions of people with less money (but with more power collectively).

Comments are closed.