The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Jim McMannis who wrote (95821)	7/23/2008 8:39:09 PM
From: John Vosilla	Read Replies (1) of 110194

'Once the USA has a plan to get off foreign oil and we start drilling the OCS and Anwr, design and give permits for nuke plants...enact wind, solar subsidies...lease federal land etc. Crude will drop like a rock. But then we can't let up. We'll be happy when we don't depend on the Middle East. May not go start stupid wars for oil there. doh.' We need oil to stay above some baseline magic number for misallocation of capital into alternative energy to go to extremes.. Hey the way this county always overindulges I give it 4-5 years before that happens. Let the Middle East go back to third world status and rebuild a different economy like China and India. Best way to spread democracy and rid the world of terrorists..

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