re: #342 stevemcg

re: #314 Aceofwhat?

1. We’ve already seen what can happen to the price of oil when speculation runs wild. What do you think will happen when the easily available oil starts getting harder to find? The price will go crazy. That oil will be worth more then.
2. So you think we’ll save a lot of money be using the local oil than the foreign stuff. When have we shown that we can do anything constructive with our money? We’ll find a way to waste it. then, forty years from now, we’ll still be trillions in the hole and we’ll have squandered a valuable resource.
Stupid my foot.

1. We don’t know what will happen 20 years from now. Oil is being created by earth’s processes all the time, new oil is being created as we speak. Perhaps not in the amounts that will be needed, but in any event, in 20 years there will probably be new technology, new energy sources, these things are being worked on all the time. To try to predict 20 or 30 years out based on the technology and processes of today is not necessarily a reasonable thing to do.

2. What oil money from local oil are you talking about? What do you mean we can do anything constructive with “our” money? Who is this “our”? And did you mean “CAN’T”?