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To: Willie Green
DOMESTIC production, dummy.

Nice try Willie, here's what you said:

"You mean how globalism reduces productive capacity to drive up prices for those commodities?"

Willie Wisdom

How does increasing oil production in a global market equal reduced productive capacity?

You really think we could produce 9.2 million bbls/day in the US now? Or 15.4 million bbls/day?

30 posted on 11/30/2004 9:36:11 AM PST by Toddsterpatriot (Protectionists give me the Willies!!!)
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To: Toddsterpatriot
How does increasing oil production in a global market equal reduced productive capacity?

Reduced DOMESTIC productive capacity.
Increased global production undermines domestic sources which are subjected to more stringent environmental regulations.
I cited refinery closings, but Toddsterpatriot "wisdom" denies that refineries have anything to do with petroleum production.

You really think we could produce 9.2 million bbls/day in the US now? Or 15.4 million bbls/day?

I think we can produce more than we do by drilling offshore and in ANWR, though not enough to completely offset imports. However, we can also significantly reduce our consumption by constructing electricly powered mass transportation systems in our more densely populated regions and urban areas: light-rail, high-speed rail and Maglev. It is not a panacea, but constructed over a period of time, such technology WILL make our transportation infrastructure less dependent on imported oil.

33 posted on 11/30/2004 9:52:54 AM PST by Willie Green
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To: Toddsterpatriot; LowCountryJoe; 1rudeboy
"You mean how globalism reduces productive capacity to drive up prices for those commodities?"

Check this out, Willie says globalism reduces productive capacity for a global product, then he says he meant domestic production.

Then he tries to claim refineries have something to do with oil production. He doesn't understand supply and demand. I'm getting worried about him. Always talking about trains....Isn't one of the symptoms of Alzheimer's reverting to childhood? I'll bet when he was a kid he had a nice Lionel set under the tree. What do you think?

Can we get a neighbor to check on him?

40 posted on 11/30/2004 11:30:05 AM PST by Toddsterpatriot (Protectionists give me the Willies!!!)
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