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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: quehubo who wrote (121788)12/17/2003 11:06:52 PM
From: Sig  Respond to of 281500
 
<<<"If Congress passes the energy bill, we can look forward to a day when the likelihood of these price spikes is greatly alleviated," he said. "Until that happens we should all be taking actions that can ameliorate these episodic bouts of high prices and short supply.">>>>
Well , yes. with ENE traders out of the picture and hefty penalties for others, perhaps supply will rise and meet demand at more reasonable prices.

businessreport.com
Sig



To: quehubo who wrote (121788)12/18/2003 3:07:01 PM
From: Hawkmoon  Read Replies (2) | Respond to of 281500
 
The government will have a hard time keeping a lid on Hubberts peak.

Again.. short term I believe it's a matter of political and social will..

There's no reason we shouldn't have been more farsighted over the past 10 years with regard to increasing gas production, as well as creating the transportation network for the 59 Trillion Ft3 of gas in Canada.

Long term, we obviously need to find alternative resources, and we'll do that when this society is so financially impacted that it finally forces the politicians to do something.

Hawk