Politics of Energy Message Board

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Politics : Politics of Energy

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To: Brumar89 who wrote (6035)	3/12/2009 8:52:20 PM
From: RetiredNow	Read Replies (1) of 86356

50 cents per barrel of oil would be disastrous in the short or mid term. I want oil to sell at $300 per barrel the next 20 years. Then, demand destruction will reach a permanent turning point. Probably much sooner than that, I'd imagine. Can you imagine a poor Middle East? One where Islamic terrorists don't get a whole lot of funding? I can and I like the idea. Can you imagine a rich US that invented most of the new energy sources the world uses and one where we own most of the patents and royalties from those patents? I can and I like the idea.

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