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Politics : PRESIDENT GEORGE W. BUSH
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To: ThirdEye who wrote (178193)9/6/2001 1:37:00 PM
From: H-Man  Read Replies (1) of 769670
 
I can understand not trusting the Oil companies. I would favor some very close monitoring with explicit and exacting clean up instructions. Even to the point of establishing a trust fund (paid by the oil co) as they extract oil. Then when they are done, they clean it up, and get their trust fund money back. (This incase of bankruptcy etc.)

How much oil and what impact it has is debatable. I have heard that it only has a 200 day supply or some such. Assuming that is correct, (really is an unknown), That is if thats the only oil we used, so it is a misleading stat.

Looking at ANWAR singularly is also misleading. It is part of a larger strategy to increase the supply. A trillion barrels here a trillion there, soon you are talking about real supply. ;-)

As far as making decisions about energy consumption, I prefer to let the market work, without artificially constraining supply.

And it will work... At the point which, obtaining oil becomes more expensive than the alternatives, the alternatives will take over.
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