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Politics : Foreign Affairs Discussion Group

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To: Noel de Leon who wrote (127843)	3/31/2004 12:10:54 PM
From: Hawkmoon	Read Replies (2) of 281500

You argue against your self here. If the price of oil rises for everyone then there is no change in competition for all oil dependent products. Hello??!! If we go to a more expensive form of energy, while the rest of the world remains wed to fossil fuels, not only will they enjoy the price benefits of the slackened demand for oil as the US converts, they will be even more competitive economically, which will hurt the US economy.. Because you can sure has hell bet that China is not going to use a more expensive energy system when oil is still the most ready commodity to supply its needs.. But there's no doubt we will need to transition eventually.. But it's ridiculous to force the US economy to bear the largest burden without expecting similar commitments from other nations. The bottom line is it's about basic supply and demand. When the price of fossil fuels (oil not gasoline) reaches a prohibitive level, then other forms of alternative fuels will become economically attractive. In the meantime, we have a vital self-interest globally in making sure that Islamic militants are unable to control the world's oil supply. Hawk

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