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Politics : Politics for Pros- moderated

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To: KLP who wrote (253811)	6/10/2008 10:32:27 PM
From: miraje	Read Replies (3) of 793838

O'Reilly is correct about more drilling and we do need more nukes, but he's out to lunch on flex fuels. Ethanol is bad news, for several reasons, and is not a viable solution to oil shortages. Blaming OPEC is stupid as well. The whole world wide story of oil and its derivatives boils down to supply and demand. Supply is banging into some strong headwinds and demand keeps growing. What's happening now with prices is simply Econ 101.

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