elliot_mllr

Commodities, Cap and Trade and Natural Gas

There is still another aspect of this statement about owing environmentalists thanks for reducing our dependence on foreign oil, as well as a comment made in another posting about petro-terrorists. First of all, the country from which we import most of our oil is Canada, with which we have the largest amount of trade and which is the leading market for US exports. Second of all, the easiest way to reduce our dependence on foreign oil is to permit drilling in and offshore the US.Very few commentators mention this last point as an alternative to dependence on foreign oil imports (even from Canada, whose role is also rarely mentioned).


On Jul 09 01:11 PM jack kreg wrote:

> "reduce coal and require more natural gas and solar power. Thanks
> to environmentalists, America may finally be able to reduce its dependence
> on foreign oil."
> this is the most irrational statement that I have ever read.
>
> Substitution of NG for American Coal equals reduction foreign use
> for cars and trucks??
>
> We have the environmentalists to thank for this NON-existent reduction
> in imports of foreign oil.
>
> Sure, NG power plants are inherently cleaner burning, but what does
> that have to do with importing foreign oil.
>
> I dont think that you proof read your article before posting, or_____?

Commodities: Bubble or Wall of Worry?

A balanced and credible analysis.