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

To: Bilow who wrote (137568)	6/23/2004 6:01:08 AM
From: Maurice Winn	Respond to of 281500

<relatively mild oil shock back in 1973> Mild? It was a quadrupling in price when USA Oil:GDP ratio was a LOT higher than now. Then, only 5 years later, there was a tripling from that already high level. From $2 a barrel to $40 a barrel in 6 years was quite a crunch when the USA was running on oil a lot more than now, when it runs on cyberspace. It was big time then. The current increase hasn't even got oil prices back to their previous peak [in 1980 dollars, though it matched in nominal dollars]. If Saudi Arabia's oil was taken off the market, <Cut off oil from Saudi Arabia (and Iraq and whoever else ends up in flames) and we could get much much worse.> I might even decide that my life runs better. The roads would run more freely as people walk, run, bicycle, motorcycle, bus, train and move closer to work, share cars, taxis or simply stay home and do it in cyberspace. I would be able to cruise around town unimpeded. I'd quite like GST to be reduced to zero and a huge tax put on imported petrol and diesel, and cut government spending by half. Or something like that. Mqurice PS: Faultline, I recommend outright banning without warning jallen, Murrey Walker and similar pollutants. No mucking about with a week off etc. Some people simply never contribute anything of value and are destructive. I'd put jallen in with Osama as being in that category, though Osama has some reasoning in his favour. The FADG stream is heavily polluted and needs a good dose of flocculating agent and fine filtration. Oh yes, longnshort, good riddance. Thanks. [Catching up with some of the posts, signal:noise ratio bad these days]