Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: Charles Tutt who wrote (36186)	10/6/2000 1:58:09 PM
From: cheryl williamson	Read Replies (1) \| Respond to of 64865

Charles, Subsidies would have the same effect as rising prices: they would give drillers incentives to explorer and drill. Furthermore, I would make them temporary, just to get domestic production moving. The demand will remain high for oil/natural gas. The other point is production shortfalls based on a 96% current capacity. We need more refineries. How high is oil going to have to go before the oil companies decide to move??? High prices won't curtail consumption, they'll just have a depressive effect on consumer spending, which hurts our economy and hurts the computer industry as well. The problem has been a fed gov't asleep at the wheel during the Clinton/Gore years. They have no energy policy and now we're going to pay the price for their bungling. We might as well use the budget surplus to help bail us out of this and send Gore back to Tenn. to raise horses.