Re: Clinton: OPEC 'can no longer be a cartel'

On May 9, 2:54 am, Rumpelstiltskin
<PleaseDoNotReplyByEm...@xxxxxxxxxxx> wrote:
On Thu, 8 May 2008 20:53:48 -0700 (PDT),alGuacamole<a...@xxxxxxxx>
wrote:



On May 7, 11:41 am, Rumpelstiltskin
<PleaseDoNotReplyByEm...@xxxxxxxxxxx> wrote:
On Wed, 7 May 2008 11:58:20 -0700 (PDT),alGuacamole<a...@xxxxxxxx>
wrote:

On May 6, 10:18 pm, El Castor <No_...@xxxxxxxx> wrote:
On Wed, 07 May 2008 01:06:51 -0500, Matthew Scott

<sco...@xxxxxxxxxxxxxxxxxxxxx> wrote:
El Castor wrote:

On Tue, 06 May 2008 14:48:45 -0700, Rita <R...@xxxxxxxxxxx> wrote:

On Tue, 06 May 2008 21:10:14 GMT, Rumpelstiltskin wrote:
Are we going to invade more countries to force them to
do what we want them to do but they don't feel like doing?
If not, are we going to intimidate them to force them to do
what we want? The latter, I think, might produce even
more bad feeling long-term than invading them.

Seems to me they hold the winning hand. What are we going
to do if they refuse? Stop buying their oil? I suppose
we could invade them as we did Iraq. That would work well?

Tell us about Obama's energy plan. Drilling in AWR? Continental shelf?
Nuclear power?

Just read an interesting report of an interview with Boone Pickens in
the current American Spectator. He is investing big time in wind farms
in west Texas, but stresses that government involvement in obtaining
rights of way and permitting distribution networks is essential to
efficient utilization of viable "green" energy. He seems to feel that
ANWR and the continental shelf are dead issues, politically, and the
only way to reduce the country's dependence on foreign imports is to
aggressively develop alternative sources domestically. He also supports
nuclear power and photo-voltaic arrays in the southwest, but again
points out the difficulty distribution poses.

One fascinating point he made is that Canada appears to be preparing to
enter the Asian oil market in a big way; that's a fascinating
development, particularly with the political posturing now about NAFTA.

Bottom line is that someone, anyone, had better step up and start
leading this country toward energy independence. So far, Washington has
ducked the issue.

Other than the possibility that hysterical eco-freaks might burst a
blood vessel, I can see no reason why we shouldn't drill in ANWR or on
the continental shelf. The same goes for nuclear power. We could be
independent of foreign oil -- if the Left would allow it. As for wind
farms, around here they chop up so many birds they are known as the
Cuisinarts of the Air.

I would prefer to use nuclear power and ANWR as threats against OPEC.
The real threat to OPEC would be for the govt to commit say $50billion
to alternative energy sources to reduce our consumption significantly
in a year. It's like a type of WWII effort that would mobilize the
whole country against OPEC and drop the price of oil and ruin their
economies. Let them try to sell their oil to countries that can't
afford the high prices.... A continuation of that effort would ruin
our own oil industry. But that's OK, they deserve that treatment for
being the parasites on our economy that they have been. We'll do a lot
better with an economy run with cheap energy-- even if the oil
industry is in the tank.

I suspect there's oil under El Castor's house. We should
invoke Eminent Domain, demolish his house and drill for it, for
the good of the country and to piss off the Ay-rabs. El Castor
is just a Proposition 13 charity case anyway, so Sordo should
have no objection, unless Sordo's a hypocrite - oh, wait!

It's lovely that people who have stuff we want of which we
don't have enough ourselves are "parasites" for not selling it
to us at the price that we, not they, think is right. That's an
early step in justifying extending our Lebensraum. It's certainly
an illustration of how that kind of thinking gets started, for any
people who may think that "it can't happen again".

Rumpel... many market analysts say that there's a panic on oil now.
People are paying way too much. It's a little like that on rice.
Restaurants are buying bags of the stuff in fear of a future shortage.
Perhaps if the govt would release it's oil reserves to bring down the
price, then the panic would go away? Or would that cause a bubble to
burst-- requiring us to bail out the refineries? The govt needs to
remember that a recession is just as bad as a war, and we need to use
our oil reserves wisely. Know that Clinton will know what to do if she
gets the presidency.

It's past my pay grade whether there's a panic on oil and
people are hoarding. "People are nuts" is the extent of my
analytical expertise about markets and fads. I heard a bit
on radio today that the nabobs are thinking of raising the
toll on the Bay Bridge to $7 at rush hours! The fare is only
in one direction, but that's $35 a week for somebody who
works in San Fran and lives across the bay. It's even more
if they also have cross the Carquinez toll bridge. It's been
getting too expensive for people to live in the city for a
long time, and now it's getting too expensive for them to
live outside the cities and commute too. I've heard that
there's some chatter going on about "The end of
suburbia". Maybe the idea behind that expression is that
suburbs are going to be impractical because of the cost
and difficulty of getting to a center. So we may go back
to "towns" in which people live, work, and shop instead
of cities, soon, all out of necessity. I'm glad I was alive
mostly during the "best" times fiscally.

Well demand for oil will certainly decrease if fewer people take cars
for high bridge toll rates. But I don't think that big business will
go out to the suburbs. Certainly, it improves our quality of life for
shopping, services and entertainment are close by. Small business can
be close by to where we live. Employees will still need to commute to
big companies. Putting floors on the retail prices of some products
and services will allow smaller operations to thrive near your home.
.

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