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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: CommanderCricket who wrote (146256)	3/5/2011 11:22:12 AM
From: ChanceIs	6 Recommendations Read Replies (6) of 206191

>>>I'm convinced this government wants higher energy prices to help green technologies become more competitive.<<< What you are suggesting is certainly consistent with the facts. It isn't necessarily true. Obama has screws loose. I can't discern what he believes or holds true. He doesn't understand economics or mathematics. He certainly has a delusion of some Green utopia. Whether high energy prices is his means to realize his delusion remains to be seen. He can't grasp that there will be no America to be Green w/o low energy costs. Suffice it to say that this mechanism is being put into play. We will see just how Green we are two years out. I often wonder if he isn't consumed by some pathological hate against everything American. He certainly revels in dissing the Brits. PS: I will throw a little support behind your thesis. It is clear that all of the liberal economic talking heads have examined the chicken entrails and proclaimed that $100 oil won't hurt the US economy. We have become "robust." What a joke!!! Pass that "hopium" around. A couple more months of $100 plus will put us right back in the tank - not that we ever got out of it. I really don't understand that claim that $100 crude doesn't matter. We surely squeezed a lot of inefficiencies out of the system with $140 crude in '08. I suspect that all of the easy pickings have been had. Did we replace more than 5% of the car fleet?? I doubt it. I think that miles driven are back to the pre-recession peak. We did hit $40 crude in '08-'09. That took a lot of reform pressure off. The low NG prices will help, but again I think that fuel switching is all used up. I see the occasional NG fired bus. Nobody is talking NG fired cars anymore. Hey!!!!! What happened to the hydrogen economy. That was supposed to be on-line by now. I feel cheated and deceived. I am not too put out because cellulosic ethanol should be ready by September. Where do we get these presidents who know nothing, NOTHING, about science and engineering. I know for sure that they all continuously tout the need for more education in the sciences.

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