Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: familyop
Lee said prices could also surge closer to US$90 a barrel if there were further negative developments.

Good. I hope they climb even higher than that and stay up there. The more oil prices rise the more economically viable it becomes to develop alternative energy sources. And once it becomes profitable to invest in these, capitalism will take over and new technologies will flourish. Conversely, as long as oil is cheaper than any alternative and there is no free market incentive, we will never stop importing oil.

Yes, I do realize that this would hurt my wallet for a while. But skyrocketing gas prices are not only the most effective route to independence from foreign oil, they are the only route to independence from foreign oil.

15 posted on 05/04/2006 3:58:42 PM PDT by Antonello (Oh my God, don't shoot the banana!)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Antonello
"The more oil prices rise the more economically viable it becomes to develop alternative energy sources."

Then you should certainly read about "Lardinol" and the founding of FLAB.

The new Mississippi oil boom
http://www.freerepublic.com/focus/f-news/1626935/posts
18 posted on 05/04/2006 4:08:50 PM PDT by familyop ("Either you are with us, or you are with the terrorists." --President Bush)
[ Post Reply | Private Reply | To 15 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson