« on: May 08, 2007, 02:17:45 PM »
Sorry, but the only way to put a hurting on the oil companies would be to stop needing oil.
It is in high demand and it is a sellers market. If we stopped needing it there would be too much and they could not get rid of it. That would make it a buyers market and the price would drop because they would be fighting to sell it off.
That doesn't mean go out and buy an electric car, you still need oil to produce electricity unless you get it from hydro, nuke, wind or solar.
I don't know how much electricity is generated from crude, but shifting electrical production to nukes from coal would free up an awful lot of coal that could be converted to oil further reducing our dependence on OPEC oil.
Logged
The things that come to those who wait, may be the things left by those who got there first.
I contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.
-- Winston Churchill
Censorship, that most subtle tool of oppression, the tool of the fearful and small minded. 8/15/2008
"It is interesting that we are asked to NOT judge all Muslims by the actions of a few lunatics. Too bad gun owners can't get same judgment."
Travis Tritt (I know!)
