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

To: RetiredNow who wrote (357460)	11/8/2007 12:47:16 AM
From: Joe NYC	Read Replies (1) \| Respond to of 1573092

mindmeld, Then what if I grant you that adding an extra 1-2 million barrels of oil of supply per day would be good for prices. Wouldn't also you agree that cutting demand by 10-11 million barrels a day would have a MUCH bigger impact on prices? Except, one is a sure thing can be done nearly overnight (well, the psychological impact would be overnight, flow of oil would happen within predictable time frame). The other (reducing dependence on oil) is just a long term goal. There is no reason both can't happen simultaneously - drilling in ANWR and cutting dependance on oil. Joe

To: RetiredNow who wrote (357460)	11/8/2007 1:20:29 PM
From: Tenchusatsu	Read Replies (1) \| Respond to of 1573092

Mindmeld, > Wouldn't also you agree that cutting demand by 10-11 million barrels a day would have a MUCH bigger impact on prices? Wouldn't you also agree that it would get us MUCH further down the path towards energy independence? I would agree. Attack the problem from all angles. Easy solutions for short-term, tough solutions for long-term. Sure, the easy solution may make people complacent and ignore the urgent need for long-term solutions. But that all depends on whether you think high oil prices is good for society. Tenchusatsu