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.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (247405)	8/31/2005 11:30:32 AM
From: TimF	Read Replies (1) \| Respond to of 1572507

I completely disagree with every sentence of that post, except for these two - "The technology already exists." and "Instead, the oil cartels are getting rich, our enemies are richer than ever, and our country is suffering economically and is less safe." Which I only partially disagree with. The technology is for the most part available, but the combination of just a bit of development work, and a lot of investment and deployment work, will probably take decades and hundreds of billions of dollars. You want oil consumption decreased by 50% in 10 years then the dollar figure goes even higher. OPEC is getting relatively rich, certainly richer, and yes there is an economic cost to paying so much for oil. Its less then the cost of trying to reduce oil consumption by 50% in 10 years but it is high. Tim