Sanity
Posts: 22039
Joined: 6/14/2006 From: Nampa, Idaho USA Status: offline
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The problem with your idea is that the oil market is global, and so any serious cut in production anywhere causes prices to spike everywhere. And you can't just call out, "Stop gas prices at eight dollars a gallon" and have that happen, it could as easily go to sixteen dollars a gallon if the conditions are right. As we've all recently learned, a lot of the price of the barrel of oil is speculation, and so if there were domino wars in the Middle East causing a serious shortage prices could potentially skyrocket and we could all be screwed bad. And the problem isn't as much as what you as an individual think you can can afford to pay, it's more a question of what society can afford. Farmers need fuel to run their equipment and to ship their harvests, and a lot of their fertilizers and other necessary chemicals are oil dependent. Anything that is mined or harvested or manufactured, everything that is transported... in other words everything becomes more expensive. Fishing trawlers become more expensive to operate... just name it. So essentially our money becomes less valuable. People on fixed incomes suffer terribly when fuel costs skyrocket - imagine what double digit inflation does to the poorest people in third world countries, living on around a dollar a day... or even people here, getting by on minimum wage, or the elderly trying to get by with just their social security. Even the "middle class" obviously feel the pinch with any serious cut in the oil supply. We need affordable energy, and like it or not oil is going to be a fundamental part of any energy equation for the foreseeable future.
< Message edited by Sanity -- 10/27/2008 3:17:21 PM >
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Inside Every Liberal Is A Totalitarian Screaming To Get Out
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