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Pastimes : Discussion Thread -- Ignore unavailable to you. Want to Upgrade?


To: SeachRE who wrote (153)6/6/2008 11:20:07 AM
From: TimF  Read Replies (1) | Respond to of 3816
 
Dirty? To an extent, esp. coal. Unreliable? Not really. Energy production with fossil fuels tends to be very reliable, a coal plant can run at nearly 100% capacity 24/7 for a long time. Compare this to wind or solar.

As for incentives I join you in opposing them. But we should free up a lot more areas for dilling, while at the same time dropping any incentives or subsidies for drilling there. The drilling will happen where it really makes sense, and won't happen where it doesn't. Much better than the current situation where many good drilling areas are left idle, while some rather marginal areas get drilled because of incentives.

As far as culprits, I'm actually referring to those that have done absolutely nothing that could slow current gas price increases.

The actions (or canceling or revoking previous actions) that I mentioned, increase drilling, don't stand in the way of adding refining capacity, don't fragment the market with a thousand different state and local requirements for special gasoline blends, are the things that would slow gas price increases.

OTOH attacking big oil, will only tend to increase gas price increases. Taxing them increases their costs, putting more restrictions on them reduces their supply, not allowing them to drill increases the relative strength of OPEC, etc.