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

To: Jim McMannis who wrote (382833)	5/6/2008 2:00:23 PM
From: michael97123	Read Replies (1) \| Respond to of 1575596

I think we must do it all, drill, conserve, nukes, wind, solar, electric cars, hydrogen, natural gas and if that doesnt work lets harness the flatulent masses and pay them as they come out of mcdonalds for their gas. (g) First part is serious.

To: Jim McMannis who wrote (382833)	5/6/2008 2:08:34 PM
From: Road Walker	Read Replies (2) \| Respond to of 1575596

XOM is running peak suction. They have to buy crude to refine on the open market. Profits won't be going up. Maybe down if consumption slows. Time to draw the line in the Gulf closer to FL and let the American companies drill. ANWAR too. You want to drill ANWAR and the Gulf to preserve Xom profits? Solar and Wind are great but that's a much longer transition. Solar and wind are a partial solution to electrical generation (and ultimately electric vehicles). Conservation is a faster solution to oil than ANWAR and the Gulf which are 10-20 year projects, and won't mean crap without conservation anyway. With a little foresight and something as simple as a 4% annual increase in CAFE standards this situation could have been avoided.