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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (1132)8/1/2008 7:37:41 AM
From: RetiredNow  Read Replies (2) | Respond to of 86355
 
Look, Tim, I'm a statistics guy. I make a living off of making predictions about business outcomes, based on data about existing business processes and what changes to those processes might do.

The facts are very clear. We know what oil prices do to our economy. Every time we have an oil price surge like in the 70's from the supply shock and now from the demand shock, our economy tanks and Americans lose jobs. The net effect of high oil is NOT good for the majority of Americans.

Based on the data, we know there is a very clear correlation. With the data we have today, it is the biggest no brainer in my lifetime to conclude that we need to diversify our transportation energy sources to ensure that oil has little to no impact on our economy. To tie our economy to the vagaries of one energy source is just plain idiotic. No business in the world would limit themselves to one supplier for their widgets. Why are we limiting ourselves to one energy source for transportation?