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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (146355)	3/6/2011 4:03:11 PM
From: miraje	Respond to of 206195

drive up the price of oil to encourage alternatives and reduced consumption? What high oil prices will certainly drive up is inflation, no way around that, because in addition to transportation, it's in just about every aspect of our modern economy. Acute oil shortages, such as would occur if the Saudi situation blows up, are another matter. Inflation would be a minor annoyance compared to that scenario. IMO, our "dear leaders" are out to lunch on what could easily turn into a major nightmare not only for us, but for the entire global economy..

To: Dale Baker who wrote (146355)	3/6/2011 4:03:20 PM
From: Bearcatbob	Read Replies (1) \| Respond to of 206195

"And the difference is.....?" Raise revenue for America not Saudi Arabia?

To: Dale Baker who wrote (146355)	3/6/2011 4:04:01 PM
From: Fiscally Conservative	Read Replies (2) \| Respond to of 206195

Could not one difference be that energy companies, traders, speculators and alike, will end up earning the differential dollars that would have otherwise been charged via a 'higher energy tax program' to pressure end users into alternate energies.