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: combjelly who wrote (383416)	5/9/2008 1:23:36 PM
From: Road Walker	Read Replies (1) \| Respond to of 1573379

I would have the same viewpoint with respect to energy regardless. Not only for the reasons you list, but there is also the whole peak oil thingy. It sort of reminds me of the ancient civilizations that dispersed or vanished because some resource they depended on became scarce, and they couldn't adapt. This country runs on oil; with 5% of the world's population and something around 25% of oil consumption. Frankly we adapt or perish (at least in the current economic sense). It is better to start to address problems as early as possible. Waiting until energy is in major crisis is playing with fire. I'm not sure the we are not now in the crisis, and just don't know it. Oil is up, what, 300% in 3 years? If it's up another 300% in 3 years is that the crisis? When we can't actually get all the oil we need to deliver goods and services, is that the crisis? I figure on the day we decide to throw all our resources at this problem we probably have 5 years until we get a 25% solution. And I don't think the warning signs could be any clearer. So why isn't anything significant happening?