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

To: Brumar89 who wrote (10688)7/6/2009 11:09:58 AM
From: Hawkmoon1 Recommendation  Read Replies (2) | Respond to of 86355
 
You mean you'd be in favor of drilling someday? So we can sell the oil but not use it ourselves. LOL

Guess he doesn't the understand the term "fungible commodity".

freerepublic.com

Hawk



To: Brumar89 who wrote (10688)7/6/2009 2:00:37 PM
From: RetiredNow  Read Replies (1) | Respond to of 86355
 
I guess you don't understand the simply concept that Roadwalker is talking about. If you have a scarce resource that is almost guaranteed to go up in value over time at a faster rate than other potential investments, then you'd be a fool to sell it or use it today. Instead, you should hoard it and sell it in the future for a much larger profit.

I'm amazed that as an oil man, you don't understand that concept.


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