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


To: Brumar89 who wrote (404499)8/5/2008 1:56:52 PM
From: HPilot  Read Replies (2) | Respond to of 1575614
 
Drilling will lower prices immediately even if it really does take ten years. Look what happened when Bush said he would lift the oil drilling bans.



To: Brumar89 who wrote (404499)8/5/2008 2:41:40 PM
From: tejek  Read Replies (2) | Respond to of 1575614
 
Of course not. Thats a stupid way of looking at the issue. We will certainly be using a lot of oil in 10 years and for many decades to come. To believe otherwise is to believe in unrealistic fairy tales. The more we produce here, the less we import, the more jobs we make for Americans, the better is our trade balance.

I think once the pendulum begins to shift oil demand will decline fairly quickly.......maybe even significantly over the next ten years. This country can not afford to be held hostage to these high prices.