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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (66383)	9/23/2010 8:23:55 PM
From: Snowshoe	Read Replies (1) \| Respond to of 217588

The US government zeros in on rare earths... Ucore Rare Metals Inc.: Federal Agency Increases Involvement in Bokan Heavy Rare Earth Project finance.yahoo.com Ucore Uranium Inc.: Alaska Senator Weighs in on Rare Earths finance.yahoo.com Disclosure: I own a bit of UCU.V

To: energyplay who wrote (66383)	9/23/2010 8:28:55 PM
From: KyrosL	Read Replies (1) \| Respond to of 217588

I think it's less than 75% right now. Latest US oil imports are less than 10 million barrels a day, while consumption hovers between 19 and 20 million barrels/day. So, right now, closer to 50%. What happens if we impose a $4/gallon gasoline tax, like in Europe? What happens when we go all out on offshore and Alaska exploration and production? What happens if we go all out converting trucks and buses to natural gas? In an all out trade war the politics should be easy. I think we can reduce imports to 25% of consumption within a couple of years if we take all the measures above. We can certainly export enough essential stuff like food and airplanes to cover that.