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Politics : Formerly About Advanced Micro Devices
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To: Brumar89 who wrote (385174)5/20/2008 11:51:52 AM
From: i-node  Read Replies (1) of 1576482
 
Disconnecting from oil would be a mammoth undertaking. Perhaps we will have to do it someday by necessity. Let's not torture ourselves needlessly till then.

The market is doing precisely what it is supposed to. Supply and demand. As gas gets to $4/gallon and higher, investment in alternatives to imported oil will increase. We don't need Hillary to provide free cars. Market forces are doing, right now, what they're supposed to do. In two years Nissan will have electric cars on the market. That's progress, anyway you cut it.

I do like TC's idea of opening ANWR subject to requiring oil companies to commit resources to alternative fuels development. That seems like a reasonable approach to encouraging investment. Keeping ANWR closed for no reason is just silly; the area that would be required for drilling is quite small, and the benefits to the US would be enormous. Apparently, all three candidates are opposed, so I guess it doesn't matter.

If gas stays at $4/gallon, I have a feeling "energy independence" will come soon enough. I just hope I'm still around to see the Arabs taking $20/bbl for that crude again.

Bush told the Saudis this week if they didn't cut the price they would drive the development of alternatives and they blew him off. It is going to be funny to watch, whenever it finally happens.
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