SI
SI
discoversearch

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 : Oil Sands and Related Stocks -- Ignore unavailable to you. Want to Upgrade?


To: NOW who wrote (468)4/5/2005 8:32:10 PM
From: Taikun  Read Replies (3) | Respond to of 25575
 
tooearly,

Governments don't do anything unless something happens on their watch. That's why Bush was left to clean up the 911 mess that Clinton should have dealt with. NIMTOO (Not In My Term Of Office)

The counterargument is that when something does happen, like 911, the have to act. The populace demands as much.

OK, so Bush and Greenspan have spoken. Where are the energy bills? Where are the proposals to expand shale oil and coal? Where is the planned infrastructure expansion for refineries and pipelines and LNG terminals.

I don't see it. So, what is the gov't being told? Perhaps they're being told this is a hedge fund problem, and the way to deal with it is to raise rates. It would not appear they're being told to ramp up nuclear power right this very minute or Peak Oil will damage the economy.

Don't get me wrong, my trust will mint it at current prices. I will enjoy that.

D