Oil companies and alternative fuel

Let's all face facts: The oil companies have us by the balls. In a sense, it was a work of genius on their part to not compete with each other and decide collectively to just all charge basically the same amount of money. Everyone is screwed, and nobody's willing to give up driving unless they absolutely can't afford it. (People like me can just BARELY afford to drive). But since gas here in Canada topped the $1.00/litre mark, I've said enough. Since then, and it's been nearly a month, I've only got gas twice. Once at 106, and just a few hours ago at a ridiculous 128.

Now, here's my question. Where is the justification in raising the gas prices 22 cents overnight, which happened a few days ago? It takes approximately 40 days for the oil to come from the ground to be refined, mixed, etc etc etc to gas in the pumps, so explain to me how they know that it'll be "harder" in 40 days to find the oil?

I mean, how many times do oil companies have to grab and twist until the public says that's enough? I mean, the chance that they'll price themselves out of the market is unlikely since it's the only source available. And the government doesn't do anything to encourage other fule sources since they make sweet coin off of taxes.

But all it'll take is one brass-balled entrepuener to develop an alternative fuel source, and if they could just get it to work with modern engines - it wouldn't even have to be fuel effeceint at first, as long as it works out to being cheaper in the same distance.

Here's my suggestion, and it's been said 4 billion times by like six people, and nobody seems to care or listen, and they really should. WATER, bitches!

Let's see: Renewable? Yes. Bountiful? Yes. Easy to extract from the ground? Just ask New Orleans. Cleaner burning? Likely.

Water covers 70% of the ground, making it retardedly plentiful and easy to access for fuel use. Besides, this has the potential to solve global warming at the same time: Given the amount of oil used, transfer that to water and multiply it by 2, or 3, or 4 if you really want to. So even at 25% effeciency of oil, there's still about 100X the amount. And let's say, for example, that it pollutes the same amount, still adding to global warming: Who gives a shit? It's water, so even if those start melting, it's just creating more fuel. The answer? More consumption. Since the fumes released would be cleaner than oil (try drinking oil over water and see if you don't die), it'd just go into the air, clouds, and huzzah! The cycle of re-creating fuel begins.

Instead of killing mother nature, why don't we work with it until Katrina finds some friends and the Polar Ice Caps kill us all? We're trying to avoid making flop movie Waterworld come true, but so far we're making Kevin Costner look like a profit instead of a terrible actor. But I digress.

In summation: Water = Solution. Oil companies = Rich whores screwing the consumer.