Bush's New Drilling Proposal: Fixing a Hole [View article]
Seems to me any addition to the supply, now or later, 2 years or 10, will make the price lower than it would have been otherwise... we can't reduce demand enough to lower the price, and besides, the lowering of the price would itself cause an increase in demand.
That's market economics.
"we can't drill our way out of this addiction" is crapola. Of course we can. There's enough oil in this world to keep us going for a hundred years or more, during which research will presumably make alternatives more economically feasible. It's crazy to insist on alternatives NOW, when they need subsidies to even EXIST and that means tax dollars and economic difficulties... why not bring more oil online now, and work on economically doable alternatives all along?
Stupid Dimocrats. They've treed themselves with this envirostuff.. their poor, whom they say they care about, are seeing the price of EVERYTHING skyrocket. "Poor, minorities hardest hit" as the papers often say about Republican policies.
Bush's New Drilling Proposal: Fixing a Hole [View article]
That's market economics.
"we can't drill our way out of this addiction" is crapola. Of course we can. There's enough oil in this world to keep us going for a hundred years or more, during which research will presumably make alternatives more economically feasible. It's crazy to insist on alternatives NOW, when they need subsidies to even EXIST and that means tax dollars and economic difficulties... why not bring more oil online now, and work on economically doable alternatives all along?
Stupid Dimocrats. They've treed themselves with this envirostuff.. their poor, whom they say they care about, are seeing the price of EVERYTHING skyrocket. "Poor, minorities hardest hit" as the papers often say about Republican policies.