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« Reply #1 on: August 07, 2005, 10:10:06 pm » |
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Very fortunately, oil prices will eventually drop once the fusion reactor is finally unwrapped.
Oil prices are very high right now because of speculators that are unhappy with the US' execution of plans to "free up" oil supplies.
First, we hit Afganistan. Afganistan isn't even a major oil producer. What a complete embarassment. We soon found our way, though, and hit Iraq. Iraq was diverting oil away from the US to fund the controversial oil for food scandal that is just now unraveling. The US, of course, knew this was happening, and we were none to happy that Russia and France were getting OUR oil.
But now, even after we made the once mightly Saddam Hussein cower in a pit, we still have not created the glut of oil that we all had hoped for. Partly, this is because we didn't do our homework, because if we did, we would have found out that Iraq doesn't really have all that much oil producing capacity. It'll take a long time to get the infrastructure in place to get the fields pumping at an acceptable rate.
In the mean time, we really have to take a long look inside ourselves and realize the folly of our oil dependent ways: we really have to go where the big supply is - Canada! Oil shale is the future, baby. Canada a beautiful expanse of frozen tundra dotted with open pit mines for extracting oil shale.
Anyway, back to the issue at hand: Free Canada from the oppressions of socialized medicine build a Catapillar plant way up there Oil starts to fall
It's pretty straight forward. Unfortunately, we will likely have to free Iran and Saudi Arabia before we understand that this must be the plan.
Long term, though, the US will have to release it's death grip on nuclear fusion technology. Sadly, it would mean the end of a lot of iconic companies like Exxon-Mobile, Conoco-Phillips, etc.
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