The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: neolib who wrote (130967)	6/27/2008 1:14:01 PM
From: patron_anejo_por_favor	Read Replies (5) of 306849

It IS different. Even if we started building and drilling now, we're still facing steady depletion until that comes on line. It's part of the solution (not the entire solution as Shawn Hannity seems to think). My view is that the scope of the problem overall is too big to ignore any of the supply components. Especially since there is no ready substitute for diesel in certain heavy industries that are "mission critical", particularly farming. If you really wanna get to brass tacks with resources and our children, start addressing world overpopulation. If that's not gonna get solved, we'll have a huge die off in any event and whether we drilled ANWR or not will be almost a comic sideshow by comparison. I never here a peep about that from the Greens (and certainly not from the cons either). It's the ultimate 3rd rail...... Put another way, if we had acted sooner to develop alternatives, we'd still have the luxury of holding back ANWR and the OCS. I believe we've forfeited those options by sleepwalking too long.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next