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


To: tejek who wrote (404511)8/5/2008 2:51:50 PM
From: michael97123  Read Replies (2) | Respond to of 1575637
 
"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."

Let me play devils advocate for a sec. Isnt it also in our interest not to further destabilize the middle east? The fact that as a region they have totally squandered their oil wealth and house the worlds most corrupt and ineffective governments, should not be a reason to cut off the only source of wealth they have. Lessen dependence for sure but end oil as a usable commodity at prices high enough to generate some wealth in the arab world might not be good policy. Maybe the next 10 years should be dedicated more to helping these folks use their depleting source of wealth wisely than cutting them off entirely. A total cut off will certainly add to the strength of the terrorists as well. Do we really want to do this, cold turkey thing to these people at this critical time?



To: tejek who wrote (404511)8/5/2008 8:12:14 PM
From: Brumar89  Read Replies (2) | Respond to of 1575637
 
What do you think is gonna lower demand for oil?