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

To: TimF who wrote (324167)	2/1/2007 5:24:55 PM
From: combjelly	Read Replies (2) \| Respond to of 1576109

"To the extent you have oil independence without having cheaper, or at least equal cost, domestic energy sources, you handicap the US against other countries by making American companies use more expensive energy. " Not necessarily. In many countries, energy costs are substantially higher than in the US. In many instances it would be more of a level playing field. Now true, that can be viewed as a handicap, but...

To: TimF who wrote (324167)	2/1/2007 8:56:52 PM
From: RetiredNow	Read Replies (1) \| Respond to of 1576109

Oil independence is entirely possible within 20 years. The technology to do it exists today. We just require the political will. You say it will handicap the US, but you are look at the small picture. In getting off of oil, and creating a market for alternatives, American ingenuity will kick in. Within 20 years, we'd have alternatives that will beat the market price of oil and be competitive in the marketplace without gov't intervention. But it takes massive gov't intervention and incentives to get us there quickly, because there is massive change that needs to take place and large barriers to entry. If the gov't doesn't step in, then I believe alternatives will eventually win out over oil. Oil is a finite resource and other forms of energy are virtually limitless. So it will happen eventually. But the dividends and wealth this country would acrue from being the first mover in this area and patenting all the new technology would pay for any short term handicaps that you talk about. Inventions from sending a man on the moon catapulted this country into a golden age of technology and has played its part in making this country the most powerful and wealthy on earth. It's small thinking and status quo that is our enemy. Dependence on oil is small thinking and status quo. Open your mind.