Re: Time to cut our dependence on and therefore our interest in the...


"Alan Lichtenstein" <arl@xxxxxxx> wrote in message
news:0NWdnaUd4KmksJfeRVn-3w@xxxxxxxxxx
> Jerry Okamura wrote:


>>
>>
> Jerry, you're begging the question. Please allow me to refresh your
> memory. You have been advocating letting the market rise in prices
> determine what we should do and when we should do it. Given that, prices
> will rise to the point when there will still be oil available for
> purchase, but the cost will place it out of the reach of most Americans.
> That said, and UNDERSTOOD, Jerry, UNDERSTOOD, for that is a DEFINITE
> consequence of unrestricted market forces, WHICH YOU ARE ADVOCATING. I
> asked you if you felt that such a set of circumstances was a good thing.
> Kindly answer 'yes' or 'no,' with any embellishing statements you choose
> to make.

Once again, there is no answer to your question, because if the event
happens, then what will happen will happen. If demand for oil outstrips the
supply, then prices will rise, that is a fact. I am not ADVOCATING
anything, I am simply pointing out what I think will happen if the event
happens. And yes, if the price of oil rises high enough, then it will have
an effect on everyone living in the USA and the world. And if there is a
serious supply/demand imbalance, then the economy of the US and the world
could be greatly affected, unless the USA and the world figure out a way to
be less dependent on oil. But having said that, that also depends on when
that event happens, and if it hapens. You do know that there is a ton of
coal, coar tar, and shale oil in the USA don't you?


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