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Non-Tech : Kirk's Market Thoughts
COHR 191.28-0.3%Dec 24 12:59 PM EST

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To: Kirk © who wrote (13832)5/23/2022 1:48:25 PM
From: TigerPaw  Read Replies (1) of 26837
 
Follow the Money to remove money from most of us (via carbon taxes and higher energy prices)

Who gets the money from carbon taxes an energy prices ? When you follow that trail it is more like the gold dust blowing away at end of Treasure of the Sierra Madre than it is an organized scam to line someone's pockets.

If you follow the money in Offshore Drilling, Tar Sands, and fracking however you get to actual profits flowing into someone's bank account, but only, only if they can keep the price of oil high enough to pay for these very expensive ways to get oil, and only if they are not suspended for environmental problems.

Oil prices wont remain high if the existing reserved in the Middle East and Venezuela are tapped, nor will they remain high when alternative energy sources are promoted because of global warming.
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