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Biden To Sell Bankruptcy to the Coal Industry

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Kosh's Shadow2/27/2009 10:04:27 am PST

re: #205 Hengineer

Follow the money my friend, until the prices of coal and oil go up, we will see only a half-hearted dispirited effort to look into other sources of energy. I’m completely on your side, but until we can completely wean ourselves off of foreign oil (let alone oil altogether!), all we can do is keep going.

And when oil prices go up, we see investment in alternatives. Then the oil spigots open and oil prices fall, the companies can’t compete and go out of business, and the investors shy away from energy for another 20-30 years. Meanwhile, the Saudis rake in more money.