flipper wrote:
On Thu, 26 Apr 2012 12:28:00 -0700, Joel Koltner
wrote:

Jim Thompson wrote:
http://www.youtube.com/watch?v=CZ-4g...layer_embedded

Well, hey... it's pretty well-produced; definitely gives Michael Moore
some "competition," I suppose.

It also has something Michael Moore doesn't, honesty.

Now, you may argue there are 'other reasons' but it doesn't alter the
fact that strangling energy supplies and increasing cost is the most
effective way to destroy an economy,

I am pretty sure mileage *doubled* after the '73 oil shock. There's
been considerable tech. improvement since - 42 MPG isn't
out of reach.

Oil in the US used for commuting has a lot more elasticity in
demand than we give it credit. The people who will be hurt
will be people who have to use a truck for service small businesses,
but hopefully, mileage deductions will continue for them.

as exemplified by our Dear Leader
explaining his cap and trade program would necessarily "skyrocket"
cost, that when Congress wouldn't pass it his administration would do
it anyway, even 'worse', and the EPA announcing they are on a mission
to "crucify" the oil and gas industry, in addition to bankrupting the
coal industry.

In short, this administration has been on a 4 year quest to destroy
every viable source of domestic energy supply.


They're doing it wrong, then. Imagine that

Natural gas is at record lows in price.
I dunno *what* happened with oil, but it'll most likely de-bubble
pretty soon. Not back to 2006 prices, but low enough.

The government really should allow some additional pipeline capacity,
since that probably caused the price spike ( best I can tell - it
all seems to have been related to storage capacities in Cushing ).


--
Les Cargill