that could easily be solved by government placing a floor on the price of oil - it cannot go below $45 let's say - else its taxed to that level. this will prevent new entrants into the energy market from being wiped out by a manipulated dive in oil prices, to wipe out the startup's investments, just as they come to fruition.
Ping!
A price floor would be the fastest way to ensure alternative methods of oil production.
But some here at the Free Republic would call that fascism.
http://www.freerepublic.com/focus/f-news/1617057/posts?page=414#414
Concur. The only problem is getting the Fed. Gov. to do a direct assignment of the revenue. I would pick refunds.
there is nothing evil or unlawful in meeting competition for customers..if coal/oil or ethanol/gas must depend on oil prices at historic high levels..they will be undercut every time, consumers will choose to save 10 or 20 or even 75 cents a gallon when given the chance so your pie in the sky alternative energy plans must support high oil prices..which limit growth..until alt energy can compete with oil at or near break-even for oil production/refining it will never get off the ground without Gov mandated high oil prices kinda what we are seeing right now..only the fools for alt energy complain when they must pay the high prices for gas, when what they WANT- demands these high prices be set without competition from cheaper oil ..well a fool and his money