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  • The Slippery Slope of Declining Petrochemical Demand [View article]
    Unemployed people use less gas because they aren't able to go to work each day and the number of companies calling them in for interviews is small. Empty (foreclosed) houses in winter aren't heated by oil or natural gas. People who do have jobs just do necessary travel and wear more indoors or use their wood burning fireplaces. That's market economics.

    And you can only have plug in hybrids if you can generate electricity. We still have a long way to go before more power plants are built (remember, Obama said 'you can try to build a coal power plant, but we're going to make it so expensive...'), and in the mean time there is still no nuclear plant that the environmentalists will tolerate, and now that the environmentalits have shown their hand with objecting to wind turbines in the deserts of California, and the recent declaration of the [endangered] status of the Sacramento and San Joaquin rivers in CA, where is this power going to come from?

    As long as governments insist that market economics must be green and clean as well as "fair", we're screwed.
    Apr 07 15:19 pm |Rating: +2 -2 |Link to Comment
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