Originally Posted by
stdreb27
http:///forum/post/2710265
Not classic republican answer, unless you want to say that the republicans actually believe in classic Freedman economics.
Here is the deal. If the growth in supply outpaces the growth in demand then price will go down. Why won't that concept get through your head?
Heck even the insane Pelosi is trying to increase supply by other means, (releasing oil for the oil reserve, the problem is we can't release enough to really change prices). IF you want to talk bandaid there you go...
You know what is funny the feds make as much from big oil as big oil makes from oil, and they don't have any risk. Got to love a politician going out and saying we need to charge em more, so they can in turn charge you more, then pay for the bureaucracy, then pay you a grand, it is just silly, moronic Jimmy Carter style economics and we all know what happens when we let the Jimmy Carters of the world in charge.
Brazil uses Sugar to make ethenol, we can't use produce sugar without major subsities because it isn't worth it. So, yeah, we could less efficiently produce sugar and spend a fortune, but frankly 4 dollar oil is better than trying to turn sugar into fuel, that would be more expensive. The beauty of our economic system is that it promotes efficiency while not promoting wasteful spending, and that is why we as tax payers have to fund subsities for silly ideas like using corn to produce oil. It his us three times, through taxes, through increase fuel costs and increased food costs. Brilliant. Or we could drill for more oil, which lowers price, helps local economies, and we don't use our own food to drive. This is just silly, there is NO LOGICAL way for Obama's hair brained carter style plans to work, We have been down this road IT DOESN"T WORK so quit wasting our times.
Something people don't mention about Carter, is that he was calling for this 30 years ago.. that we need to revamp our energy consumption and find alternatives...
But you are missing the point... The Brazilians found a solution to their current energy problem and dependence on oil. The answer for us will not be sugarcane; however, if we took the same approach to the problem as they did... we could solve our energy crisis.
And as far as getting something through my head... lets talk about a common Obama theme... "The Urgency of Now"... I understand that if supply increases ahead of demand than price will go down... But how do we make this possible? Any domestic drilling will take a minumum of 8-10 years to hit the market. That is too long, and in addition to that if we continue at the current rate of consumption along with the rest of the World... demand will continue to outpace supply... The only viable solution to today's problem which includes oil, is to get more of it from current production sources such as the Middle East who is not at full production capablility.
However, Middle Eastern oil producers such as Saudi Arabia are fearfulll that they have passed peak production levels and that in 30 years or so, the oil will be gone... So I have now come to the conclusion of two things.... Cities like Dubai are being created because they have to use this current flow of money to create future economic opportunities. 2nd, they are regulating the market (supply and price) much like that of diamonds to increase their profits and to lower production.
The only way out is renewable energy, which unlike oil it will not run out, or be increasing more expensive to find.
