That’s exactly what I’ve been saying. Liberals want to try and “solve” the energy problem through government programs. Many conservatives want to drill our way out of the problem, but that’s not going to work. I think that’s the fundamental disagreement I’m having with most people on this thread - that we can’t drill our way out of this. Secondly, even if drilling does bring down prices, it will be temporary. I say it’s better to have the high prices now so that the market directs us towards something else. We’ll need the oil still in the ground for the transitory period, so we’d better not blow through it by trying to kick the problem further down the road.
Perhaps.
You assume that the government will allow the free market to develop alternate energy rather than to use this price crunch as an opportunity to force us into greater government dependency. Will high prices force the government to allow breeder reactors? Coal gasification? Shale oil extraction? Or will the government insist that we reverse economic growth for the sake of some environmental hoax?
How do you know we can’t drill our way out of it? Liberals have prevented us from trying. If we can, great, no problem. If not, drilling will increase the supply of oil and decrease the price of fuel until a a viable alternative can be found. However, liberals and envirocommies have us in a strangle hold. It shows me they are afraid, WE CAN drill our way out of this if given a chance.