"First: OPAC sets the price of oil!"
actually OPEC sets a price, and the only price it sets is that of its own cartel members. OPEC countries produce 38% of the world's oil, and the rest of us produce the balance.
half of the world's largest oil producers (more than 2 million barrels a day) are not OPEC members. we are one of these. the others are:
Russia
Mexico
China
Canada
Norway
United Kingdom
we are something like the second largest oil producer worldwide. we'd be a huge oil exporter except that we burn so much of the damn stuff ourselves. norway produces so much oil it has no national debt.
our problem is not that we don't produce oil in large quantities, it's that we don't have oil reserves sufficient to carry us well into the future.
"There was never an "oil" shortage in the 70's. OPAC turned the taps down."
when i turn my garden spigot off, there's a shortage of water that occurs at the other end of the hose. the fact that the earth's rivers and lakes are still full of water is of little comfort to my grass that needs watering.
"americans want and love big engines."
i don't believe you can call iraq a prime mover in 9/11. however, when we consider the problem we have in the muslim world today, it sure seems to me we can call our dependence on foreign oil a prime mover in not only 9/11, but all of our problems in the islamic world.
yes, i want to hang islamic terrorists by their balls. at the same time, i think we're just at the beginning of an era in which americans are going to start to consider their dependence on foreign oil and what this costs them. when they start to consider what it is they really want, 325 horsepower or another 9/11, the exuberance for having their SUV break 12 seconds for the quarter mile might be tempered.
as you know, it's not hard for detroit to make an SUV that gets 30mpg on the hwy. the problem is that 225hp was acceptable 5 years ago, and 325hp is acceptable today. partially, tho, this is detroit's fault, for marketing this specific aspect of their cars' features. reasonable people can come to some conclusions as to how it is we get weaned from the saudi tit, but our citizens, our government, and detroit, are going to have to engage in a partnership to make that happen, or we're just going to repeat history.
Dan Empfield
aka Slowman
actually OPEC sets a price, and the only price it sets is that of its own cartel members. OPEC countries produce 38% of the world's oil, and the rest of us produce the balance.
half of the world's largest oil producers (more than 2 million barrels a day) are not OPEC members. we are one of these. the others are:
Russia
Mexico
China
Canada
Norway
United Kingdom
we are something like the second largest oil producer worldwide. we'd be a huge oil exporter except that we burn so much of the damn stuff ourselves. norway produces so much oil it has no national debt.
our problem is not that we don't produce oil in large quantities, it's that we don't have oil reserves sufficient to carry us well into the future.
"There was never an "oil" shortage in the 70's. OPAC turned the taps down."
when i turn my garden spigot off, there's a shortage of water that occurs at the other end of the hose. the fact that the earth's rivers and lakes are still full of water is of little comfort to my grass that needs watering.
"americans want and love big engines."
i don't believe you can call iraq a prime mover in 9/11. however, when we consider the problem we have in the muslim world today, it sure seems to me we can call our dependence on foreign oil a prime mover in not only 9/11, but all of our problems in the islamic world.
yes, i want to hang islamic terrorists by their balls. at the same time, i think we're just at the beginning of an era in which americans are going to start to consider their dependence on foreign oil and what this costs them. when they start to consider what it is they really want, 325 horsepower or another 9/11, the exuberance for having their SUV break 12 seconds for the quarter mile might be tempered.
as you know, it's not hard for detroit to make an SUV that gets 30mpg on the hwy. the problem is that 225hp was acceptable 5 years ago, and 325hp is acceptable today. partially, tho, this is detroit's fault, for marketing this specific aspect of their cars' features. reasonable people can come to some conclusions as to how it is we get weaned from the saudi tit, but our citizens, our government, and detroit, are going to have to engage in a partnership to make that happen, or we're just going to repeat history.
Dan Empfield
aka Slowman