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| The short-term problem lays at the feet of the crude oil traders and their reaction(s) to market volitility. Supply and Demand seems to be in-check but a market 'run' can be triggered by world events and emotions. (anyone remember Johnny Carson's toilet paper shortage?) I wouldn't want to see any public monies spent on any hydro-carbon development when hydrogen is so easily within reach with a simple shift of mindset in Washington....
__________________ "Wal-Mart, you may want to look into this." |
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P.S. Since wordy is riding his tricycle to work now I guess I can take an extra cruise to the Sonic in my Mustang....lol Thanks for doing your part Wordster. Once word gets out that you're triking it to work oil prices will probably fall dramatically..... Remember to wear your helmet.
__________________ LIBERALISM The haunting fear someone, somewhere can help themselves. " I think he (Obama) can be ready, but right now I don't think he is. The presidency is not something that lends itself to on-the-job training.." Senator Biden |
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But as I said before the higher you allow gas prices to go and the more you waste the madder people will get and the backlash will help get the fundies out of power and I'm all for that. I won't mind making some cuts in other places to pay the $5 a gallon predicted by the end of the summer if it helps to get people to do the right thing. |
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We don’t need to spend public monies on expanding existing oil/gas development. The oil companies will do that themselves provided the government doesn’t have a knee-jerk reaction like imposing a windfall profits tax that would siphon off the R&D money needed. What the government needs to do is relax the restrictions on drilling and building refineries. The free market will fix itself if government will just get out of the way. Alternate energy will become a reality when it becomes cost competitive and that needs a free market environment to happen. If the government forces it on us we will end up longing for the days of cheap $4 a gallon gas.
__________________ ΜOΛΩΝ ΛΑΒΕ Three groups spend other people's money: children, thieves, and politicians. All three need supervision. —DICK ARMEY Click here to view Democrat’s comments on Iraq and WMD’s |
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| I've heard it will take far higher than $5 a gallon before Americans quit just complaining and do something about it.
__________________ The real treasure is in the hunt... |
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Still wondering what excess profit is..........
__________________ LIBERALISM The haunting fear someone, somewhere can help themselves. " I think he (Obama) can be ready, but right now I don't think he is. The presidency is not something that lends itself to on-the-job training.." Senator Biden |
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__________________ ΜOΛΩΝ ΛΑΒΕ Three groups spend other people's money: children, thieves, and politicians. All three need supervision. —DICK ARMEY Click here to view Democrat’s comments on Iraq and WMD’s |
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__________________ Politicians are like diapers, they both need changed occasionally for the same reason. Calling an illegal alien an "undocumented immigrant" is like calling a drug dealer an "unlicensed pharmacist" The hard work of one will do more than the prayer of millions. |
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__________________ LIBERALISM The haunting fear someone, somewhere can help themselves. " I think he (Obama) can be ready, but right now I don't think he is. The presidency is not something that lends itself to on-the-job training.." Senator Biden |
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