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


To: i-node who wrote (401625)7/25/2008 11:24:30 AM
From: Road Walker  Read Replies (1) | Respond to of 1575465
 
High gasoline prices are all the subsidy we need. It is all we ever needed.

Then what happens when the shift to electric gets serious and gasoline prices go down? It will take a while for electric cars to reach the equivalent IC price point, so the 'free market' economics may not make sense. And the change stalls... leaving us vulnerable to the next oil embargo or natural supply/demand imbalance.

That, and the transition will take 30 years unless there is government intervention. In the meantime we will be in recession and that will slow the fleet replacement cycle even more.



To: i-node who wrote (401625)7/25/2008 12:00:50 PM
From: tejek  Respond to of 1575465
 
ANWR is just a stop gap measure. OCS is more important. McCain has stated that he has consulted with oil industry experts who say OCS can be producing within a 2-3 year time frame, which is adequate.

He is lying.