To: MinnesotaLibertarian
If you really think drilling will bring gas back down to $2/gallon, youre delusional. Unfortunately, I'm all out of pixie dust. Drilling for oil will automatically bring gas prices down. It happened under Reagan, and it happened when Bush overturned his father's EO ban on offshore oil drilling.
This a problem of global supply and demand, and its only going to get worse.
Harry Reid, is that you?
We need to ween ourselves off oil, not kick the can down the road.
Oil is a commodity, not an addiction. We need oil, not just for fuel, but it's used in thousands of other products as well.
The high prices are good because theyll allow the market to figure out something more efficient much faster than any government program will.
You mean like ethanol, bio-fuels, and farts? Those efficient alternatives?
To: Extremely Extreme Extremist
Unfortunately, I'm all out of pixie dust. Drilling for oil will automatically bring gas prices down. It happened under Reagan, and it happened when Bush overturned his father's EO ban on offshore oil drilling.
It may bring prices down, but my prediction is it will simply slow the rate of increase.Unfortunately, I'm all out of pixie dust. Drilling for oil will automatically bring gas prices down. It happened under Reagan, and it happened when Bush overturned his father's EO ban on offshore oil drilling.
Third world countries are now starting to consume oil like never before. There's nothing liberal about that observation.
Oil is a commodity, not an addiction. We need oil, not just for fuel, but it's used in thousands of other products as well.
It is a commodity, and an increasingly expensive one at that. If prices stay high and/or continue to rise, and we don't reduce our consumption, then we're in for a world of hurt. In cases where there is a viable alternative, the market will find it.
You mean like ethanol, bio-fuels, and farts? Those efficient alternatives?
Of course not. My guess would be nuclear, but unlike a know-it-all central-planning big government liberal, I don't claim to know. I trust the market to find the solution.
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