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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth
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To: Brumar89 who wrote (128641)7/13/2008 5:05:26 PM
From: Kevin Rose  Read Replies (1) of 173976
 
Were it that simple. But there are a bunch of factors, of which I'm sure you're aware: elasticity, speculation, alternatives (especially at the current prices), fear/regional unrest, politics of producing nations, etc. The few percent we're talking about will be lost as noise amongst those variables.

Drilling our way out (to independence or significantly different prices) is simply not an alternative. IMO our priorities should be:

1) Stabilization of the unrest (addresses price factors related to fear and speculation)
2) Alternatives (including nuclear)
3) Conservation

Hopefully, the next administration will get us on the right path.
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