Qualcomm Inc (QCOM)

[Ricardo Montalban]

We have to invest in alternative fuel sources and keep looking into ways to burn coal cleanly. The US is investing in research for hydrogen powered vehicles among other methods. The cost of fuel could be lowered by the US selling some of its reserves. Clinton, I recall, did this to releave price gouging when there were temporary shortages. Bush has always refused to do this.Whether he is motivated by his family's holding in oil & gas companies or he just believes we should hold on to what we got. When it was done in the 90s it was replenished when the temporary shortage was releaved. The US even made a profit on the deal. I wish Bush would do it now too because the costs of oil and gas has a severe negative impact on the economy. I also dont likle having to cow tow to the Saudies because they hold so much oil.