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


To: combjelly who wrote (254558)10/10/2005 11:44:11 AM
From: tejek  Respond to of 1572711
 
"The other issue with this 'solution' is that it only addresses part of the problem."

Too true. Not only for the reasons you note, but what is the point in pouring billions of dollars into refineries and their infrastructure when oil production has either peaked, or will peak soon?


Not surprisingly, its the Saudis who keep telling us that its a shortage of refinery space that is the problem and that they are on the verge of increasing production and announcing new reserves. Of course, to date, neither event has taken place.

The only real viable solution is to put in stringent conservation measures and lay the groundwork for next generation fuels. I've already posted my ideas on the subject several times, no sense boring people again. But there just aren't two ways about it.

Yup. Unfortunately, the current Congress only gives lip service to both efforts.