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Politics : Politics of Energy
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To: TimF who wrote (1293)8/8/2008 1:26:32 PM
From: Road Walker  Read Replies (1) of 86355
 
"The cost" on not importing oil is a frozen, depression economy where we couldn't move goods or services.
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Temporarily, in the long run we would adjust. There still would be a large cost but not "a frozen depression economy".

Are you kidding me?

So yes at $1000 a barrel "oil is worth more than the cost".

No it isn't, except in very limited uses. Esp. since we are talking only about importing oil, and its not like we don't have domestic production.

The cost is the alternative, which is essentially no economy. Domestic is less than 30%... imagine cutting economic activity by 70%.
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