Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TimF who wrote (138370)	7/30/2001 5:54:13 PM
From: tejek	Read Replies (1) of 1583681

Tim, that's true that if oil prices go up two or three times their current levels, those alternatives will be viable. However, if oil does go up 2 or 3 times current levels, our economic system will be in tatters. If we choose to not conserve, its very likely we will pay a very steep price. Its not a suddent all or nothing transition with no changes happening until oil reaches some certain price point. Tim, how do you know? Have you never heard the phrase; Expect the best, plan for the worst. There is no one on this planet that can predict how oil prices will be in the future nor can it be predicted that they will risely slowly. Its not unusual for the worst to happen when you least need it to. As prices go up, people will conserve more if oil or things derived from oil are not subsidized. If they will do at higher prices, why can't we encourage to be done now when it will benefit us most? If changes happen slowly then oil prices 2 or 3 times the current level will not leave our economic system in taters. If changes happen over night then government conservation programs and subsidized research in to alternates to oil will not prevent our economy from tanking. Why not? ted

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next