WayneS

How High Will the Price of Oil Go?

I belive that conservation is only a stopgap solution. But, it is something we could do today. I don't believe we should have cheap oil. Personally, I think gasoline should be taxed such that the cost never goes below $4/gal. I worked on all of the new alternative energies in the 70's. (gasohol, coal-gasification, nuclear, converting CO2 into methane and/or methanol.) Most of the farmers in my area had pickups that ran on propane or methane. What has changed? It seems renewable energy projects mean "an energy project that can be renewed every 10-20 years and make serious money without actually doing anything."


On Jun 08 12:10 PM Living4Dividends wrote:

> I agree that Wayne S - If we only conserved, there would be cheaper
> oil, and our oil would last longer.

How High Will the Price of Oil Go?

The only competition to the extremely cheap oil we enjoy is conservation, but no one is willing to go that route. We waste 25-40% of the auto fuel we buy.

Big Oil: Dark Skies Ahead?

There are dark skies ahead for the US government.
They will lose their windfall taxes at a time when they
need it the most.