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Pastimes : No Mideast Oil Products - A petition -- Ignore unavailable to you. Want to Upgrade?

To: BigBull who wrote (131)	10/16/2001 1:50:21 PM
From: Ilaine	Respond to of 280

>>Time for all consumers of oil use our "assymetric weapon", our wallets. Ultimately, the industrialized economies of the world will have find another energy source to power their economies. I cannot think of a better time to start that process than now. If not now, when? I therefore, laud the attempts of this board to put this issue back on the radar screen. If the change is inspired at the grass roots level, so much the better. It will give citizens of the US and the rest of the industialized world something constructive to do.<< Very well said.

To: BigBull who wrote (131)	10/16/2001 2:19:16 PM
From: Sam Raven	Read Replies (2) \| Respond to of 280

Actually all three are better controlled through pricing. But... Conservation has questionable meaning, true conservation is getting the most energy out of each barrel, (efficient engines), not saving the oil same oil to pay a higher price for it later, or letting it go to China at current prices. Conservation will float with the price of oil and demand for that oil. Alternate energy sources, is an apple/oranges, again it is price related, and right now it is hard to compete with stored solar energy (oil). Increased oil production will just result in price equalization around the world. Sam savvy-trader.com

To: BigBull who wrote (131)	10/16/2001 2:40:13 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 280

>>I believe you are incorrect. OPEC greatly fears the following: 1. Conservation. 2. Development of alternate energy sources. 3. Increased oil production from non-opec sources. This fear is generated by the painful lessons OPEC learned the last time they used "oil as a weapon" in the seventies. OPEC has attempted to keep prices below the level at which all three elements are initiated. That is what the "price bands" are mainly about. OPEC learned: 1. Don't kill your best customers. 2. Don't economically strangle your best customers. << OPEC may want to add another bullet point. 3. If we're not for the US in the fight against terrorism we will be AGAINST them. Doing so will alienate our best customer. Regular gasoline in my area is now down to $1.11/gal.