64:. Contrary to a more traditional monopoly, where one company has a large enough market share to control prices, the oil-market is believed to be a monopolistic market because oil is the primary, and in most cases the only, fuel for transportation. These monopolistic forces create a situation where oil expenditures in the U.S. top $ 780 billion per year, more than twenty times the amount spent on coal.
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According to the
Foundation, outdated regulations prevent drivers from making simple modifications to their engines that would enable their cars to run on alternatives fuels, hence threatening oil's monopoly over the transportation fuel market. Updating these regulations to allow for current vehicles
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was officially launched in
October 2012 by entrepreneurs Joseph Hollander and Eyal Aronoff. The foundation has a mission to end the United States' dependence on oil by removing barriers to competition in the
36:, former president of the Rockefeller Foundation Peter Goldmark, former dean of the University of Colorado's Graduate School of Public Policy Marshall Kaplan, former president of Shell Oil Company
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are seen as viable replacement fuels to compete against oil in an open market. No one fuel is explicitly favored over the others but most people believe methanol made from
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fuel market. The founders believe that fuel prices could be permanently reduced to below $ 1 a gallon.
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to modify their engines would allow for a near-term, widespread expansion of fuel choice for drivers.
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164:"Governor Bill Richardson Joins Fuel Freedom Foundation's Board of Advisors"
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182:"Fuel Freedom Foundation Launches Campaign to End America's Oil Addiction"
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and Co-director of the
Institute for the Analysis of Global Security
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The foundation's Board of
Advisors includes former CIA Director
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151:"Angry about gas prices? Do something about it -- Fuel Freedom"
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236:"Ending Our Oil Addiction: Yossie Hollander at TEDxChapmanU"
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285:"Can Two Software Geeks Save Us From Foreign Oil?"
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88:holds the most promise to break oil's monopoly.
226:, Institute for the Analysis of Global Security
224:"Institute for the Analysis of Global Security"
212:"John Hofmeister Joins Fuel Freedom Foundation"
134:"The Crowd: Big names fighting fuel dependence"
252:"Our Real Energy Problem, and How We Solve It"
268:"Difference Engine: Competition At The Pump"
287:, "Real Clear Energy", November 19, 2012
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306:Fuel Freedom Foundation on Facebook
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56:The foundation believes that high
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197:"C-SPAN Biographical History"
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60:are a result of a systematic
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169:The Wall Street Journal
120:"Eyal Aronoff Archives"
18:Fuel Freedom Foundation
106:"Executive Leadership"
30:R. James Woolsey, Jr.
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153:. 17 February 2015.
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321:Alternative fuels
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52:Outlook and goals
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283:Tucker, William
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185:MarketWatch
138:Daily Pilot
132:Cook, B.W.
86:natural gas
78:natural gas
92:References
58:oil prices
315:Category
74:methanol
62:monopoly
42:Gal Luft
70:Ethanol
201:C-SPAN
256:CNBC
240:TEDx
80:and
16:The
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