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Alternative energy need not be non-fossil. The
technology for gasifying and liquefying, our huge reserves of coal, oil shale,
etc. is well known. The fossil fuel industry has no problem
moving in that direction, but the government will have to ensure that oil and
gas coming in will not be priced below their cost, which it could be on any day
since its production cost in the middle east is very low.
Bill
<BLOCKQUOTE
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
<A title=ibe98765@xxxxxxxxx
href="mailto:ibe98765@xxxxxxxxx";>ibe98765@xxxxxxxxx
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Saturday, September 15, 2001 6:07
PM
Subject: Re: [RT] show your colors/
Oil
But the problem with replacing oil is that the powerful oil
companies aren't going to sit by and watch themselves be put out of
business. And as you mention, Bush is very closely tied to the oil
industry. The only way alternative energy is going to be supported
in this county is if the oil companies get a major piece of the
alternative action. But to do so will take them some time. So
we are stuck with our dependence on oil for the forseeable
future.btw: This is the same problem we face with simplfying the
tax laws or ending the drug interception war. There are just too
many vested interests who are not willing to lose thier income and their
secure positions in our society by allowing any of these inititives
to take place in any meaningful way.---JW--- In <A
href="mailto:realtraders@x";>realtraders@x..., "Norman Winski" <<A
href="mailto:nwinski@x";>nwinski@x...> wrote:> Gila,>
> The conclusion at the end of Mr. Farah's essay is
ridiculous.> The US and the civilized world is addicted to oil. The
way> to eliminate an an addiction is not to get more of the>
addiciton from another dealer. The way to eliminate this> addiction is
to find another source of energy that is not> dependent on a foreign
source. If you pumped the $50 Bil,> we are about to spend on chasing
bin Laden, on new energy> sources such as fuel cell technology or solar
energy we could> soon tell the camel jockys to go take a flying leap.
They> would soon be fighting with each other over a rapidly>
shrinking pie. The question then remains as to whether> Bush and
Cheney will be willing to abandon their oil industry> buddies in favor
of securing America's future.> > > Alternatively,>
> Norman>
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