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To: Elroy Jetson who wrote (123697)8/27/2009 12:16:41 PM
From: JimisJim  Respond to of 206094
 
Elroy: <"So you agree with the Economist that energy simply cannot be left to the free market?">

My point had nothing whatsoever to do with "free market" or anything along those lines at all.

It was merely to emphasize that the decline rate is rising worldwide, both faster and to higher levels, for a variety of reasons and one of them is lack of capex aimed at stemming the tide of decline.

Jim



To: Elroy Jetson who wrote (123697)8/27/2009 3:59:12 PM
From: pogohere  Read Replies (1) | Respond to of 206094
 
What is it that is "free market" about the energy market as presently constituted?