Politics for Pros- moderated 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.

Politics : Politics for Pros- moderated

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tom Clarke who wrote (278144)	11/2/2008 9:20:12 AM
From: skinowski	Read Replies (1) of 793670

Obama's Energy Price Signals: Low Prices Bad The real question is whether or not we in fact have practically unlimited sources of cheap energy. From what I read by Simmons, Pickens and other credible authors, we are running out of easily available resources. I also believe that it will take higher prices for the market forces to stimulate an aggressive move towards exploring and developing alternatives to oil. Does this mean that we may need to ride bikes and dim the lights? Hopefully this sort of doom, gloom - and malaise - will happen only in the imaginations some of our politicians. But... prices will have to be higher. Think positive - if most of the 700 billion dollars that we spend on imported oil will get diverted for domestic based solutions, we'll be better off. Entire new industries will be created.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next