Quote
Originally posted by: Malibugolfer
Jeff, I'll try to do a "well crafted" explanation. Should gas hit $5/ gal it would be the result of anti-free market policies. It would make alternative fuels more plausible but in an artificial way. For numerous reasons we should be agressively pursuing our own oil supplies AND proven alternatives such as nuclear. Wind and ethanols are a joke, given the enormity of our energy needs.
Ironically it is the oil companies who are spending the most money on alternatives.
Excuse me if I'm mistaken but I think there is a segment of this populace who thinks $5 a gallon would be good for the country. I see Chilcoot as possibly one of those. My original point to that was it would be bad on many, many levels, most so to the lower income brackets.
Originally posted by: Malibugolfer
Jeff, I'll try to do a "well crafted" explanation. Should gas hit $5/ gal it would be the result of anti-free market policies. It would make alternative fuels more plausible but in an artificial way. For numerous reasons we should be agressively pursuing our own oil supplies AND proven alternatives such as nuclear. Wind and ethanols are a joke, given the enormity of our energy needs.
Ironically it is the oil companies who are spending the most money on alternatives.
Excuse me if I'm mistaken but I think there is a segment of this populace who thinks $5 a gallon would be good for the country. I see Chilcoot as possibly one of those. My original point to that was it would be bad on many, many levels, most so to the lower income brackets.
You are largely correct but the supply/demand equation of oil is a ticking time bomb that can not be resolved by more drilling.... $5 gasoline is nothing. It will be over $8 in our lifetime and no amount of drilling will prevent that.
SO you can aggressively repair the hole in the roof today ....or you can wait for the storm to come. We are currently on pace for the latter and that is the course we will stay on without a drastic change in our energy and consumption policy. There is an intelligent debate to be had on what technologies should play what kind of role in the future. If "more drilling" is sponcered as a means to buy time while we make the transition then I can support it - but only if it is coupled with aggressive moves towards an alternative energy future. Perhaps therein lies the compromise if such a thing is possible in Washington.