canvasing islamic oil

ENERGY INDEPENDENCE

From the sheiks comes oil into our republic from their kingdom. Which of these evil dictators is going to sit on it - their only source of income - their economies not being more diversified than whats buried under the sand. Through their racket they can try to manipulate prices but to limited effect, seems how they don't trust each other and not holding a corner on the market. If its cheaper to import oil than we should - the market already factors in uncertainty. Government should do nothing to limit consumption of oil but should rather try to increase demand by removing fuel economy standards. People will then be free to buy what they want and if demand increases, the price of oil will go up, and will lead to further development of alternatives or hybrids only if deemed cost effective by the market. Did not the world make the transition from wood to coal to oil without centralized planning? Energy Independence is not in the national interest but would rather make us poorer - just as the socialists wish.

No comments:

Conscious of the Benighted (home)