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.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: John Carragher who wrote (34885)	9/6/2004 9:55:24 AM
From: Bearcatbob	Read Replies (2) \| Respond to of 206179

Energy is a problem in the US by political choice. We have the resources. We have the technologies. Until we have a real crisis we will not have the consensus we need to do anything. In the 70s I worked on a number of Synfuel projects for oil shale and clean coal. We have the hydrocarbon resources - in the wrong forms. We have the technologies to convert these resources. We could keep billions of dollars in the US and employ thousands of people in high quality jobs. (Remember - world oil is priced on the margin). In the 70s we needed >$35 oil, I do not know the current numbers - but if it is $50 - is it not better spent here? What is needed - price guarantees - an anathema to some as a sop to energy companies. What is needed - expedited permitting (regulation certainty - not no regulation) - an anathema to some? We simply lack the national will. Sadly, there is nothing in the current national debate to produce the needed consensus. So we will remain - energy dependent by choice.