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Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (299)	6/11/2005 12:37:07 PM
From: Lazarus_Long	Respond to of 24213

"Ruinously high oil prices are making governments look at the subject," says Professor Heinberg. .......................................................... Rather than a costly search for more oil, she recommends conserving its use. "We are at the wrong stage of the economic cycle for a recession that would cut demand," she says. "What is very important is conservation, especially in transport. Raising taxes on fuel, introducing toll roads and bridges into major cities for example, but also stopping the spreading of suburbs ever further from city centres. In many ways, those two are the same thing. It matters not if oil prices are high because of shortage or taxes; the economic effect is largely the same. Short autos, airlines, and just about everything else. Buy oil futures and stocks and gold. Stand by for a ram!