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Bad oil price news...
Bert Robbins wrote:
Don White wrote: Alotta Fagina wrote: You wrote: Harry Krause wrote: Alotta Fagina wrote: You wrote: Half of the North Slope oil production in Alaska is shutting down today. That is about 8% of the US production. Story he http://news.yahoo.com/s/ap/20060807/...eld_shutdown_7 $4 gas just around the corner?! Yeah, but the envirofreaks claim that opening 7% of ANWR to oil exploration wouldn't ease prices. Riiiiiiiiiiiiiiiiiiiiiiiiiiight. You seem to be in contention for official newsgroup horse's ass...congrats. This character even makes Bert seem half sensible! So your definition of "sensible" is: (a) claim opening 7% of ANWR to oil exploration won't raise oil prices; (b) oppose opening 7% of ANWR to oil exploration; (c) complain when shutting off 8% of US oil supply causes prices to rise. Your definition of "sensible" does not pass the "reasonable man" test. Care to explain why? I say America has to cut it's consumption by at least 10%. Gasoline rationing might help. Let's say...the first 40 or 50 gallons per month at market price and anything over that should have a stiff 'luxury' tax added Why should we cut our oil consumption by 10%? Is it so that India and China and use the oil? Rationing is not an economically sound practice. Gas a luxury? It will be if you don't stop swilling it. |
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