US oil production tops Saudi Arabia (user search)
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
June 17, 2024, 02:04:44 PM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  General Politics
  Economics (Moderator: Torie)
  US oil production tops Saudi Arabia (search mode)
Pages: [1]
Author Topic: US oil production tops Saudi Arabia  (Read 2048 times)
Deus Naturae
Deus naturae
YaBB God
*****
Posts: 3,637
Croatia


« on: July 05, 2014, 04:41:55 AM »
« edited: July 05, 2014, 04:47:18 AM by Deus Naturae »

http://www.bloomberg.com/news/2014-07-04/u-s-seen-as-biggest-oil-producer-after-overtaking-saudi.html

Quote
You must be logged in to read this quote.
Logged
Deus Naturae
Deus naturae
YaBB God
*****
Posts: 3,637
Croatia


« Reply #1 on: July 07, 2014, 06:01:25 PM »

Great idea.
Logged
Deus Naturae
Deus naturae
YaBB God
*****
Posts: 3,637
Croatia


« Reply #2 on: August 02, 2014, 12:46:11 PM »

As usual, the U.S. continues to march in the wrong direction.
The right direction being towards Riyadh?
Logged
Deus Naturae
Deus naturae
YaBB God
*****
Posts: 3,637
Croatia


« Reply #3 on: August 02, 2014, 03:38:53 PM »

The right direction being towards Riyadh?

Someone will buy Saudi oil regardless of whether the U.S. wants it. Upping production of oil in the States merely draws out and further intensifies the extent to which our economy and communities are designed around an energy source that is not always going to be here for us and in the meanwhile makes it convenient for most consumers to ignore serious environmental concerns tied to their lifestyles.

Expensive fuel would at least create incentive for the private sector to scheme up something new and workable - in contrast to eventually having people like me take a top-down, statist approach to the issue that will almost certainly be more coercive, less efficient, enormously controversial, and involve massive public expenditures. Someone needs to be looking at the big picture here.
You admit that an increase in fuel costs (which I agree is inevitable) will incentivize private entrepreneurs to discover/develop solutions, yet you also claim that our eventual inability to continue using oil will be catastrophic? Why would they be able to come up with a solution if costs were to increase now but not in the future?
Logged
Pages: [1]  
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.017 seconds with 10 queries.