Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: SilentZ who wrote (237836)	6/18/2005 2:12:08 PM
From: Tenchusatsu	Read Replies (3) of 1578804

Z, My argument against biofuels used to be that they cost over twice as much to produce as gasoline. But that was when gas cost less than a buck-fifty a gallon. How much of the price of gas really reflects the cost of pumping it out of the earth? And how much of it reflects demand, speculation, taxes, and OPEC's control of supply? Hence the reason OPEC doesn't totally have the whole world by the balls. They realize that there are alternatives to oil out there, which means they only have so much room to jack up prices before we resort to the alternatives. Maybe that's the best argument FOR supporting biofuels, hybrids, etc., using government tax breaks and grants. True, such solutions theoretically go against the free market, but thanks to OPEC, the oil market isn't that "free" to begin with. Tenchusatsu

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