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Politics : Proof that John Kerry is Unfit for Command -- Ignore unavailable to you. Want to Upgrade?


To: AuBug who wrote (6880)9/3/2004 11:53:25 AM
From: J.B.C.  Read Replies (1) | Respond to of 27181
 
Did you read about the HUGE find of oil in Mexico last week, potentially larger than Saudi? No I guess you wouldn't have since the liberal media didn't cover it.

Goodstein
"Yet another natural scientist with expertise in his own field while failing to understand basic economics to sort through the ramifications of scientific findings. 1) as the supply of gas/oil decrease, the price increases leading to less demand 2) the author holds out little hope for technological gains over the next 20-30 years, yet this is completely unconvincing. 3) Goodstein's narrative of the 1973 oil embargo is flawed as he fails to mention US government price controls more than OPEC were responsible for the winding lines at the pump.
In the 1980s, a group of Stanford scientists modeled the supply/demand of oil for 1997. They predicted around $80/barrel when in fact oil was under $20/barrel. Goostein's predictions will prove about as accurate."

So much for your informed POV.

Jim