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.

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

To: tejek who wrote (134748)	3/21/2001 10:17:29 PM
From: Jim McMannis	Respond to of 1571063

RE:"One that's popular among non SUV owners...get rid of SUVs...they guzzle too much gas, they are too big for the roads, they block views and most people can't drive them very well" Talk to Scumbria.:)

To: tejek who wrote (134748)	3/22/2001 10:22:19 AM
From: TimF	Respond to of 1571063

But if that does not work, I saw statistics somewhere that said if each household reduced their consumption by 5%, I think, we would not have an oil shortage. We have more of a natural gas shortage and a electricity production capacity shortage (atleast in the west) then an oil shortage. The reason we don't have a shortage as of oil is because its price is allowed to float and it can be transported across the world relatively cheaply. If it becomes scarce in one area it can be transported there. If demand is greater then supply the price will go up decreasing demand and increasing supply. Natural gas prices float too but there are pipeline capacity shortages. Also the price has increased faster so it is perceived as a shortage or a hardship or a crisis. If people use 5% less oil it will not mean that we will never have high prices for oil again nor will it mean we are not dependent on oil from the middle east. It will also not mean we wont have to find new areas to drill although it might put off the drilling for a few years. Tim