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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (124578)5/21/2008 7:21:27 PM
From: patron_anejo_por_favorRead Replies (2) | Respond to of 306849
 
One way or another I suspect drilling will be expanded. The political heat with oil at 135 is just too great. Obviously there's a loooooong lag between drilling and production; I'd favor linking opening up ANWR to a wide range of incentives for building nuke power plants, wind/solar plants, retooling the grid and incentivizing plug in hybrids (and even gas scooters), rebuilding passenger rail systems and mass transit systems. We need to use whatever time the to-be-drilled areas give us to get our ducks in a row. Otherwise we'll drill, use up the rest of the oil and then be right where we are now, i.e, phucked.