SI
SI
discoversearch

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 : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (123712)9/11/2000 5:06:39 PM
From: Road Walker  Respond to of 1570570
 
Jim,

re: "Otherwise our government needs to look out for it's citizens in a more responsible manner"

Um, what are you proposing?

Another reason the OPEC countries don't want crude to get too far out of hand, is that they are promoting alternate or supplementary energy sources. A few gas lines, and it could start to be cool to drive one of those battery assisted autos rather than an SUV. They do have a balance they need to strike, for political and economic reasons.

John



To: Jim McMannis who wrote (123712)9/11/2000 5:09:55 PM
From: Bert Herman  Read Replies (2) | Respond to of 1570570
 
rather than letting us get our heads our the block at the pump...

Jim,

It can be worse, we pay $1/liter, that makes almost $4/gallon and on top of that, since our new European Central Bank goes 5 directions at the same time, US$ is rising and rising. Or no, Euro is falling and falling.

There is nevertheless one big benefit about these high prices. A lot of alternative energy solutions, born in the seventies in a rather naive way, have become mature and maybe this is the little push they need to become competitive.

Bert



To: Jim McMannis who wrote (123712)9/11/2000 10:51:05 PM
From: tejek  Respond to of 1570570
 
I sorry but I just can't feel sorry for OPECs members who defy the free market and keep our heads on the chopping block. I can appreciate that some of the countries aren't "rich" but I think subsidizing them with high oil prices is hardly a valid concern. If one is a true philanthropist maybe they should just send another dollar to some of the poorer countries for each gallon of gasoline

Jim,

I have no interest in subsidizing the OPEC nations either. And I think it was you that implied that they were rich in the first place.

My only reason for bringing up the fact that most of the members are poor is to make the point that they may want the highest price possible (as you contended) but when push comes to shove I think they will be happy with whatever $$$ they can get at most any price.

ted