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Politics : Formerly About Advanced Micro Devices

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To: J_F_Shepard who wrote (558560)	4/2/2010 10:33:00 PM
From: TimF	Read Replies (1) of 1576346

I gave you my opinion and the reasons behind it.....what more do you want? Having the points your raised be relevant to what I posted, or alternatively having them clearly change the topic would be nice. The point I raised was that generally shutting off drilling is something that is desired as a permanent state. If the shut off is permanent than you aren't saving anything for later, you are just deciding never to use a valuable resource. Even actually saving it for later is hardly an automatically or certainly good idea, you have to consider the time discounted future value compared to the present value. Oil prices are higher in real terms (and certainly in nominal terms) now than in the 60s but does that mean we should have stopped drilling new wells in the 60s? No. But its certainly plausible that this idea makes sense. But if that's the idea you believe in than you shouldn't support bans on drilling in areas, but just bans until a future time. Of course the problem here is that the bans can keep getting extended, but at least you would be working towards a goal that is supported by the ideas your talking about.

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