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Solving the US energy crisis - your opinions! - 8/2/2008 1:31:15 PM   
Vendaval


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CNN has an Online poll where you can vote yes or no on various methods to solve the US energy crisis.  Do you favor more drilling, taxation, tariffs, research, conversation or ___________? 
 
What methods do you the consumer think would improve this situation?
 
http://money.cnn.com/galleries/2008/news/0807/gallery.energy_solutions/index.html


_____________________________

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So in this gray haze we'll be meating again, and on that
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RE: Solving the US energy crisis - your opinions! - 8/2/2008 2:00:08 PM   
hisannabelle


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this is pretty cool! especially because you can see how others voted after you vote, and i was shocked that i tended to vote along with the majority since i'm reallllly far to the left.

anyway, i voted in favor of a windfall profits tax on big oil, enacting a cap and trade plan (i was shocked that both mccain and obama are for this), creating an apollo project, getting serious about conservation, lifting the ethanol tariff, and requiring utilities to buy renewable power

and against expanding domestic drilling, limiting wall street money into oil markets, using more biofuels, tapping the strategic petroleum reserve, suspending the gas tax, easing refining restrictions, and building more nuclear plants. the last two are probably not much of a shock considering i'm a treehugging dirt worshipper. i would support using more biofuels IF we actually did something about the fact that people were starving, because i think both feeding everyone in the world AND using more biofuels is possible, but not the way we are currently doing things.


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RE: Solving the US energy crisis - your opinions! - 8/2/2008 2:08:44 PM   
Thadius


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It's going to take a combination of those things, sans taxes and tariffs.  Then add to the conservation, improved efficiency, r&d of new technologies and fuel alternatives, building a few more refineries (preferably regional to cut costs on transport and to prevent shut downs for different recipes), the Senate needs to lift the moratorium on oil shale.  Let's also not forget about some nuclear power plants and clean coal technology.

In regards to oil shale (also called oil sands) it is conservatively estimated that there is 2 trillion bbl located in the US in the eastern and western deposits.. http://www.fossil.energy.gov/programs/reserves/publications/Pubs-NPR/40010-373.pdf  

quote:

http://www.rockymountainnews.com/news/2008/may/15/panel-defeats-attempt-end-oil-shale-moratorium/
But in a 14-15 vote, the committee spilt strictly on party lines and rejected the amendment.
One of the key votes was from Sen. Mary Landrieu, D-La., who said Sen. Ken Salazar had urged her to reject the amendment even though she personally thinks the moratorium on oil-shale development is unjust.


It can be done, and is being done by our friends to the North.
quote:

http://ffden-2.phys.uaf.edu/102spring2002_web_projects/M.Sexton/
Oil sands currently represent 40% of Alberta's total oil production and about one-third of all the oil produced by Canada. By 2005, oil sands production is expected to represent 50% of Canada's total crude oil output and 10% of North American production.


Just a few thoughts on bringing the price of energy down, and keeping it there until the technology for cleaner vehicles that run on some sort of renewable resource can become available to everybody.

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RE: Solving the US energy crisis - your opinions! - 8/2/2008 2:11:54 PM   
Thadius


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quote:

ORIGINAL: hisannabelle


anyway, i voted in favor of a windfall profits tax on big oil, enacting a cap and trade plan (i was shocked that both mccain and obama are for this), creating an apollo project, getting serious about conservation, lifting the ethanol tariff, and requiring utilities to buy renewable power



Define windfall profits... is it a certain number, say $10 Billion. that triggers this tax? Or is it based on the % of profit margin?

Curious minds want to know,
Thadius


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RE: Solving the US energy crisis - your opinions! - 8/2/2008 2:17:41 PM   
hisannabelle


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well, this is the information i was working with:

quote:

This idea is a recurring theme among lawmakers, especially Democrats.Barack Obama would impose a windfall profits tax on the big oil companies whenever oil crossed the $80 a barrel mark. Some analysts feel $80 a barrel is what oil 'should' be priced at, factoring out investment money and unfounded supply fears. The cash would be given to low income people to help them offset their energy costs.Another idea along these lines is eliminating oil company tax breaks and using the money to fund research into renewable sources.Opponents say raising taxes on oil companies will result in less oil production, and ultimately lead to higher prices. If the government didn't tax oil companies and simply borrowed the cash to give consumers, they say, that would only hurt the dollar and send oil prices higher.


obviously, given the fact that i'm a socialist, i want to support a higher tax, but given the political currents and the environment we have to work with, i would pragmatically lean to something a bit more conservative. i don't even know enough about how big oil works to give an exact number. i do like the idea of taking away tax breaks and putting that money towards research.


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RE: Solving the US energy crisis - your opinions! - 8/2/2008 2:18:02 PM   
xBullx


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Well, if you really want my opinion here goes...

I believe first t hings first we have to get off our collective asses and hold our Governments accountable to the populace and not the biggest contributor.

We also need legislators that have more than just degrees in Economics, Business and Law. They really need to have a practical understanding in operating a business effectively and ethically.  We also need a CEO that can do more than speak a pretty speach or claim to having been there before. I want proof of ability. We don't hire people for our companies aon the idea that he is the lessor of two evils.

That being said we need a President with Congressional support that isn't afraid to tell EVERYONE that they need to invest in our future and not simply their own. You see, like I have said before; for too long Congress liked you getting bad mileage in these big ole cars. They make more money when you buy more gas at the pump. They had no reason to push automakers to invest in fuel efficient vehicles, or ulternative fuel sources. Congress will have to mandate and fine automakers before they make real improvements.

Because of all the green efforts the trucking industry was mandated to build cleaner burning engines. It was a law put in place and big dollar corporations like Caterpillar were fined large amounts for not complying. So they are building them now. Amazing that my big truck will put less pollution into the air than my lawnmower, but it's true. But you see it doesn't cost Uncle Sam road and infrastructure revenue to make these type of mandates. To produce cars and trucks that get double the milage as they do now will actually cuit their yearly revenue in half. Starting to see why they aren't making laws to get better mileage?

Just ponder how much revenue is lost by this effort alone. I had a car in high school that was heavier and had more power with a bigger engine than I do in my pickup now. But I got 26 miles per gallon with that old tank and I get 17 with a pick-up four decades newer. Come on now, I can call my kids with Captain Kirks communicator now. Surely we can get better mileage out of cars than we do.

I have a friend braggin' about her new car getting 36 mpg, Uhmm the 82 VolksWagon Rabbit did better than that. The little diesel one would get 40 plus mpg.

We do need to drill for oil, it can make us a lot of money and buy the time we need to develope the power systems of tomorrow. But we need mandates and new ways to generate the revenue to fix and build new roads, bridges and mass transit in the cities. Truckers have to keep track of every mile driven, to pay tax for road use in each state, perhaps with the GPS systems all of us will have to do the same. I do think that it is something you have to ponder over the methods. I hate the Government tracking me.

We need to help promote ulternative power sources, even beyond what we know now. It seems ridiculous to me that we can't build an eletric car that can't regenerate it's own electricity while moving. Generators need to turn to build power and each car has four wheels turning as it travels, revolution equals energy creation, at least in my mind. There must be a "duhhhhhh" or a Homer like "dope" in this somewhere.

I have laways thought America became so great so fast because we all came here with one thing in mind, we knew we had to work. There were no free rides. The rich and content stated in Europe or where ever they were. Those here built, tilled, toiled and labored to build their dreams and the success given inspired others.

So you want to solve it, stop waiting for someone else to fix the broken cog, we're Americans, we strive on drama and things not made easy. Men like Nathanial Green and his Family were the co-architects of something special and they surely watch us from above and say fight for it dammit, fight for your right to stand at the ramparts and partake in Victory. No battle is easily won, no battle is won with a single soldier.

It'll take all of us, to hold ourselves and others accoutable as Americans. This is our homestone and if we care so little that we each don't speak up and move beyond party politics we deserve not what our ancestors provided. We deserve only to die miserble deaths buried deep within the sludge of our own making. None of us are here cheaply, the risk, efforts and blood of many has been spent to provide opportunities for us, for the world.

What will solve it. To stop squabbling over who said it first, who's idea was best. We need oil to survive at this minute in time, so drill, drill with the industry that is only witnessed in the heart of Americans. We need to take the inventive minds of ages lost to create not only improved but rather new methods of energy and propulsion. I would like a tax for the use of the outer coastal shelf, apply that to developement of new and or better energies. We need to take advantage of the obvious and move beyond that to secure properity.

As I said we Americans are often seen great in times of trial and emergency, let this be one of those times.

Necessity is the mother of invention...Well mother we are in need..........we are indeed in need.

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Live well,

Bull



I'm not an asshole; I'm simply resolute...

"A Republic, If You Can Keep It."

Caution: My humor is a bit skewed.

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RE: Solving the US energy crisis - your opinions! - 8/2/2008 2:21:54 PM   
hisannabelle


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i think that's the best piece on this subject i've ever read. maybe i'll just write in master bull for president.

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i have the kind of beauty that moves...

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RE: Solving the US energy crisis - your opinions! - 8/2/2008 2:35:18 PM   
Thadius


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quote:

ORIGINAL: hisannabelle

well, this is the information i was working with:

quote:

This idea is a recurring theme among lawmakers, especially Democrats.Barack Obama would impose a windfall profits tax on the big oil companies whenever oil crossed the $80 a barrel mark. Some analysts feel $80 a barrel is what oil 'should' be priced at, factoring out investment money and unfounded supply fears. The cash would be given to low income people to help them offset their energy costs.Another idea along these lines is eliminating oil company tax breaks and using the money to fund research into renewable sources.Opponents say raising taxes on oil companies will result in less oil production, and ultimately lead to higher prices. If the government didn't tax oil companies and simply borrowed the cash to give consumers, they say, that would only hurt the dollar and send oil prices higher.


obviously, given the fact that i'm a socialist, i want to support a higher tax, but given the political currents and the environment we have to work with, i would pragmatically lean to something a bit more conservative. i don't even know enough about how big oil works to give an exact number. i do like the idea of taking away tax breaks and putting that money towards research.



The reason I bring this up, is because it is easy to say company X made $12 Billion last quarter, and because of the huge number that it represents it does sound amazing.  However, it does not take into account how much money was spent to make that $12 Billion.  None of the folks railing against company X want to let you know that the $12 Billion was only an 8% profit margin, while company Y that produces a proprietary computer and operating system earned closer to a 20% profit margin.  The folks touting how much profit that company X made, also don't want to let people know that company X is the largest corporation in the US, so just based on sheer size and volume of the products they offer they are going to make the most money.

I am all for getting rid of the possible corruption in the system (the alleged price fixing by some speculators).  I just am not for punishing success just because the number is what seems so large that it makes it easy to target.  Know what I mean?

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When the character of a man is not clear to you, look at his friends." ~ Japanese Proverb

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RE: Solving the US energy crisis - your opinions! - 8/2/2008 2:46:15 PM   
hisannabelle


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thadius, i definitely see what you're saying. i would support taxing the money a company makes above and beyond production costs, based on the percentage, but also attempting to take into account the company size as well. it doesn't make sense to tax a company making 20% more when it's a tiny business that would go under because of the taxes, while it does make sense to me to tax a company that's making less in terms of percentage if that percentage is an obscene amount (which it is in the case of big oil). so perhaps if there were a threshhold (if it was even applicable), where companies making above a certain amount that were solvent and wouldn't be crippled by the tax were taxed based on percentage, that would make sense.

although in light of the options presented in what vendaval posted, imho just removing tax breaks and using that money for research instead makes the most sense.


_____________________________

a'ishah (the artist formerly known as annabelle)
i have the kind of beauty that moves...

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RE: Solving the US energy crisis - your opinions! - 8/2/2008 4:24:26 PM   
Aneirin


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quote:

ORIGINAL: hisannabelle

thadius, i definitely see what you're saying. i would support taxing the money a company makes above and beyond production costs, based on the percentage, but also attempting to take into account the company size as well. it doesn't make sense to tax a company making 20% more when it's a tiny business that would go under because of the taxes, while it does make sense to me to tax a company that's making less in terms of percentage if that percentage is an obscene amount (which it is in the case of big oil). so perhaps if there were a threshhold (if it was even applicable), where companies making above a certain amount that were solvent and wouldn't be crippled by the tax were taxed based on percentage, that would make sense.

although in light of the options presented in what vendaval posted, imho just removing tax breaks and using that money for research instead makes the most sense.



Off topic I know, but what does A'isha mean?

As to on topic, solving the energy crisis, how much energy does each person actually need ? We have similar problems in Britain, and I as a result severely limit my use of energy in the form of electricity. Any lights that do not need to be on, are not on, any appliances that do not need to be on, are switched off. I use what I need to use. My heating is electricity, come the winter, I will be sparingly  with that.

And to think all of our power plants will reach the end of their useful life in the next ten years. Nuclear is our solution, but edf are not interested in our nuclear industry. The government of the past sold our utilities to the highest bidder and now we, the public, the voter are reaping what our government has sown.


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Everything we are is the result of what we have thought, the mind is everything, what we think, we become - Guatama Buddha

Conservatism is distrust of people tempered by fear - William Gladstone

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RE: Solving the US energy crisis - your opinions! - 8/2/2008 5:14:59 PM   
TheHeretic


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       File me in the tiny minority with regard to an Apollo-esque crash program.  We need an intelligent, long-term approach, not whatever quick and dirty method we can run with now.

      Mercury-Gemini-Apollo might have beaten the Soviets to the moon, but it also ran us down a dead-end road.  We had a space program before Sputnik panicked us into embracing MISS, with re-usable craft, and far more long-term growth potential.  Dumping the X-15 for Mercury cost us 40-50 years of what would have been a better approach.  Only now are we getting back to it, and only because an eccentric billionaire or two took an interest.

      Renewable energy is in it's childhood.  I can drive past the wind farms up the road, and see the evolution plainly.  The evolution isn't done, by any means.  Where will we put the much more efficient machines of ten years from now, if we demand those hills be covered today?  Will we have the money to replace infrastructure twice?  By the time a new solar project clears the county building process around here, the technology is obsolete.

      If it wasn't for the security concerns, I'd say we start mass-producing whatever nuclear plant they use in aircraft carriers, and putting them up as fast as we can build them.  It gives us 30 years to explore and refine what will be able to carry us beyond that.  As for the leftovers, once the oil runs out in the Middle East, most of the land will be useless except as a storage unit anyway.

      There are a lot of ideas too good to be thrown away by putting all our eggs in one basket.  Hell.  Give Termy a grant.

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RE: Solving the US energy crisis - your opinions! - 8/2/2008 5:30:23 PM   
Aneirin


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Nuclear is the way forward for all of us, it can solve most of our problems regarding affordable energy. We may as well bite the bullet now and vote nuclear, as it will come anyway. Oil and gas as a fuel source is an inderterminable resource, and not something to be relied on, we need alternative energy sources now. Renewable energy in the form of wind turbines, solar and offshore wave and current actuated generators can be part of our future, but given the present level of technology, I doubt they are an answer alone.

We have been dependant on fossil fuels for too long, given that ships, surface and sub surface can be driven by nuclear technology, why are we landlubbers still favouring ancient technology ? Yes, obviously the oil barons and such influence decisions, but they are looking to their own pocket, not the benefit of the whole. If worse comes to the worst with oil barons, just nationalise  the oil fields, tow the line for a better  future for all, or lose the lot.


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Everything we are is the result of what we have thought, the mind is everything, what we think, we become - Guatama Buddha

Conservatism is distrust of people tempered by fear - William Gladstone

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RE: Solving the US energy crisis - your opinions! - 8/2/2008 7:53:01 PM   
Vendaval


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Great responses everyone.  And Bull is right on the money about holding the Governments accountable to the people not the lobbyists.
 
Aneirin, could you please explain a bit more about the UK utilities being sold to the highest bidder.  Are they now owned by a multi-national or UK company rather than the government?  What are some of the results?

_____________________________

"Beware, the woods at night, beware the lunar light.
So in this gray haze we'll be meating again, and on that
great day, I will tease you all the same."
"WOLF MOON", OCTOBER RUST, TYPE O NEGATIVE


http://KinkMeet.co.uk

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RE: Solving the US energy crisis - your opinions! - 8/2/2008 8:15:50 PM   
petdave


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What we need is innovation. As a result, we must collect the following people:
All elected and appointed officials at the State and Federal levels
Attorneys involved in tort law and IP law
Everyone involved in the marketing and advertising industries
The entire executive staff and Boards of Directors of General Motors and Ford for the past 20 years

And burn them for fuel. That will take care of our short-term energy needs, while freeing up the people who actually do work to figure this shit out.

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RE: Solving the US energy crisis - your opinions! - 8/2/2008 8:21:32 PM   
caitlyn


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America should do the world a favor and exist on our own reserves for 60 days, without imports ... and watch the price war begin.

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RE: Solving the US energy crisis - your opinions! - 8/2/2008 8:28:48 PM   
igor2003


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I, too, have to agree with Bull about holding the government accountable.  What ever happend to the government serving the needs of the people?

A lot of what i "hear" is on talk radio and so i can't give quotes or references, but here are some of my thoughts:  First, i don't see the need for more drilling.  Why?  We are already pumping more oil than the refineries can keep up with.  We have tankers just sitting in the Gulf of Mexico waiting to unload but the refineries can't keep up, so what is the point of producing even more crude?  And, have your local service stations been running out of gas like they did back in the 70's?  No.  They really are not having the problem getting the refined gas...it is simply that they (the big companies) are charging more for it.  Also, when they first opened the field at Prudho Bay the wells were producing X barrels per day at Y artesian pressure and it was expected to last for something like 30 years.  Now, 30 years later the barrels per day and the artesian pressure are still the same.  It has not slowed down as expected. I believe it was then in the late '70s that a well on one of the islands up there came in with even more barrels per day and more pressure....so they capped it and it is still sitting there unused.

I can kind of understand Bulls question about why a car can't generate it's own electrical power, but so far we have not developed  anything that can produce more power than it uses....a perpeptual motion machine....and when we do have something like that we can kiss oil, coal, water power, and nuclear power goodbye for ever.

(sorry about the spelling....it's been a long day!)

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RE: Solving the US energy crisis - your opinions! - 8/3/2008 12:25:57 AM   
farglebargle


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Space Based Solar. Since it's dependent on cheap access to GEO, we get the Universe for free.

Everything else is just exploitative profiteering.

BTW, if we had started in the 80's, we'd have capacity coming ONLINE NOW, to take some of the load from petrochemicals.

It actually solves, not just the US energy crisis, but the Foreign Policy crisis, too. Our friends get groundstations, and electricity for free. Our enemies can go burn oil -- what they can afford, and since the market would plummet, the per/bbl price will go up to compensate for the fall off in demand...

YOU CANNOT ECONOMICALLY OUT-COMPETE AN ALLIANCE OF NATIONS FUELED WITH SPACE BASED SOLAR. PERIOD.

And if we don't do it, the Chinese will.





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RE: Solving the US energy crisis - your opinions! - 8/3/2008 6:52:36 AM   
Aneirin


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quote:

ORIGINAL: Vendaval

Great responses everyone.  And Bull is right on the money about holding the Governments accountable to the people not the lobbyists.
 
Aneirin, could you please explain a bit more about the UK utilities being sold to the highest bidder.  Are they now owned by a multi-national or UK company rather than the government?  What are some of the results?


Back in the 1980's privatisation of state owned industries began in a bid to shed fat which had accumulated in these industries due to them being state owned and managed. Basically inefficiently, they or some of the utilities were costing more than they were producing due to the  inefficiency, slack and waste. The other reason was these industries broken down and sold to the public, should provide a better market where competition breeds better prices and service for the customer, us. That was the idea, although some suggest the state owned companies were taken without asking and sold to politicians pals, as the voter was not consulted on the proposed sale.

What was 'privatised' was CEGB, (electricity generation and supply ), British nuclear electric, British water utilities, British gas, British steel, British aerospace, British airways, British coal, British petroleum, British rail, British telecommunications and I think, the Post Office. The government maintained control by indepenant regulators who were hired and fired by ministers, but the regulators froze prices to the customer, not so a private company could not make any profit, they could keep what profit was made by increased efficiency.Efficiency sometimes comes via slimming down, resulting in not only job loses, but overworked staff and the inevitable results, poor service to the customer, but the shareholders get to keep the profits.

So, the initial idea was that many private companies would generate a better service to customers, but companies take over other companies until there are just big fish in the pond with those fish snapping at each other, business and the way of it.

Currently, most of what was British is owned by foreign companies, including the US. The french in the form of EDF own most of our electricity, and might although the current deal has failed, own all of our nuclear power, which the government still held a large stake of. We use continental storage for our oil which has to be bought back at an inflated price, and Russia has it's hand on the tap of imported gas. We have control of nothing, and as a result, as a nation, we are naked.

Oh, there is one thing we do have that was recently taken under state control, Northern Rock, the bank that took on the U.S. mortgage debt in a bid to make mega bucks for it's shareholders. Britain owns bad debts in another country, that makes sense.

Before the privatisation, it was rubbish, and now after, it is not that great, somewhere it has gone a little astray, but hey ho, it has made a lot of fat cats even wealthier, and some politicians and that is all politicians want, wealth and power.




_____________________________

Everything we are is the result of what we have thought, the mind is everything, what we think, we become - Guatama Buddha

Conservatism is distrust of people tempered by fear - William Gladstone

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RE: Solving the US energy crisis - your opinions! - 8/3/2008 9:08:56 AM   
msprudence


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quote:

ORIGINAL: caitlyn

America should do the world a favor and exist on our own reserves for 60 days, without imports ... and watch the price war begin.


Even 30 days would be an interesting experiment...

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RE: Solving the US energy crisis - your opinions! - 8/3/2008 9:15:34 AM   
Thadius


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As soon as that policy was announced OPEC would decrease production for 30 days to maintain the current supply vs demand price.

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