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Politics : View from the Center and Left
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To: Katelew who wrote (47685)2/5/2008 11:43:53 AM
From: TimF  Read Replies (2) of 541370
 
I don't think peak oil is as soon as some people think, or the drop off after the peak will be as quick. OTOH it is coming sooner or later. My main concern is that politicians will not let the market adjust to it but will rather try subsidies, or even price controls. I think that way leads to disaster.
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