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

To: RetiredNow who wrote (6117)	3/13/2009 8:07:51 PM
From: Brumar89	Read Replies (1) \| Respond to of 86355

No, it pointed out problems with the Obama energy policy shaping up. He assumes that mass substitution of oil products with other forms of energy will not occur. On the contrary, the article discusses the difficulties and tradeoffs involved in substituting biofuels for oil as well as the negative impact of higher taxes on domestic production of oil, which (domestic oil production) you've claimed to favor. That is demand destruction Substitution and demand destruction aren't the same thing conceptually.