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Thursday, April 24, 2008
Victor Davis Hanson :: Townhall.com Columnist
A New Environmentalism
by Victor Davis Hanson
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Was the Copenhagen Global Warming Summit Walk-Out a Win for the U.S.?


Tuesday was Earth Day, and it reminded us how environmentalism has helped to preserve the natural habitat of the United States -- reducing the manmade pollution of our soils, air and water that is a byproduct of comfortable modern industrial life.

But now we are in a new phase of global environmental challenges, as billions of people across an interconnected and resource-scarce world seek an affluent lifestyle once confined to Europe and the U.S.

No longer are the old environmental questions of pollution versus conservation so simply framed. Instead, the choices facing us, at least for the next few decades, are not between bad and good, but between bad and far worse -- and involve wider questions of global security, fairness and growing scarcity.

One example of where these diverse and often complex concerns meet is the debate over transportation. Until hydrogen fuel cells or electric batteries can power cars economically and safely, we will still be reliant on gasoline or similar combustible fuels. But none of our current ways in which we address the problem of transportation fuel are without some sort of danger.

We can, for example, keep importing a growing share of our petroleum needs. That will ensure the global oil supply remains tight and expensive. Less-developed, authoritarian countries like Russia, Sudan and Venezuela will welcome the financial windfall, and keep polluting their tundra, coasts, deserts and lakes to pump as much as they can.

Rising world oil prices ensure that Vladimir Putin, or his handpicked successor, can continue to bully Europe; that Hugo Chavez can intimidate his neighbors; that Mahmoud Ahmadinejad can promise Israel's destruction; and that al-Qaida and its affiliates can be funded by sympathetic Middle East sheiks. Such regional strongmen and terrorists cease being mere thugs and evolve into strategic threats once they have billions of petrodollars.

The U.S., in taking advantage of a cheap dollar, may set records in exporting American goods and services this year. But we will still end up with massive trade deficits, given that we are importing every day over 12 million barrels of oil, now at over at $100 each on the world market. It takes a lot of American wheat, machinery and computer software to pay a nearly half-trillion-dollar annual tab for imported oil.

An alternative is to concentrate more on biofuels. Currently, American farmers are planting the largest acreage of corn in over 60 years. But the result is that fuel now competes with food production -- and not just here, as Europe and South America likewise turn to ethanols.

One result is higher corn prices, which means climbing food bills for cattle, pigs and poultry, and thus skyrocketing meat, pork, chicken and turkey prices. Plus, with more acreage devoted to corn, there is less for other crops like cotton, wheat, rice and soy -- and the prices of those commodities are soaring as well.

Americans' increasing use of homegrown ethanol seems to be raising the price of food for the world's poor, just as our importation of oil enriches the world's already wealthy and dangerous.

What, then, is the least pernicious alternative -- and the most environmentally, financially and ethically sound?

Unfortunately, for a while longer it is not just to trust in promising new technologies like wind and solar power; for decades to come, these will only provide a fraction of our energy needs.

Instead, aside from greater conservation, we must develop more traditional energy resources at home. That would mean building more nuclear power plants, intensifying efforts at mining and burning coal more cleanly -- and developing more domestic oil, while retooling our vehicles to be even lighter and more fuel-efficient.

Nuclear power poses risks of proper disposal of radioactive wastes. Coal heats up the atmosphere. But both can also reduce our need to import fossil fuels to run our generators, while offering electrical energy to charge efficient and clean cars of the not-too-distant future.

No one wants a nuclear plant in his county. But, then, no one wants to leave the country bankrupt paying for imported fuel, or vulnerable by empowering hostile foreign oil producers, or insensitive to the price of food for the poor.

It is also time to re-evaluate domestic oil production in environmental -- and moral --terms. The question is no longer simply whether we want to drill in the Alaskan wilderness or off the Florida or California coasts. Rather, the dilemma is whether by doing so, we can mitigate the world's ecological risks beyond our shores, deny dictators financial clout, get America out of debt, and help the poor afford food.

We may not like oil platforms off the beach or mega-tankers in Arctic waters, but the alternatives for now are far worse -- in both environmental and ethical terms.

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About The Author
Victor Davis Hanson is a classicist and historian at the Hoover Institution, Stanford University, and a recipient of the 2007 National Humanities Medal.

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Drill and refine!
Drill ANWR. Build more refineries. Develop the oil shale, the largest proven oil reserves in the world, between 1-3 TRILLION barrels, on the east slope of our own Rockies. The technology's there and proven by Canada's Athabasca oil sands development program.

Enough of this bull sh*t.

Environment is More Important
Everyone should know that protecting the environment is much more important the any mere economic consideration. Mankind is a scourge on this planet and anything we can do to stop the rape of Mother Earth should be done. Rising energy costs and rising food prices in the long run will be a good thing as industry is strangled and millions of excess people are cleansed from the environment.

Luckily for the all those in America who truly love Mother Earth the vast majority of those excess millions live in Africa and Asia. It's easy to be green when you don't have to watch the children starve.

IGOTMINE
The farce that calls itself Environmentalism today is the typical socialist power grab that in university and the idealist years afterward we conservatives called IGM *I Got Mine*. That is, once I have climbed up to the Apparatchik level, I kick the ladder out from under me and pour boiling oil on anybody who tries to raise it up again.

It isnt the Earth that is threatened, it is my status as Sister Bertha BetterThanYou! How am I going to enjoy my McMansion, my daily $100 dinners out, my five cars and my expense account if some dirty brat from my old neighbourhood can aspire to and achieve the same?

How can I champion the poor and downtrodden if they refuse to stay poor and downtrodden? How can I enjoy my 61 inch HDTV if my plumber has one too?

The current generation may pretend their concern is for Mother Earth, but it is not so. Their concern is for their own status and protecting it and their children from competition by Peons and Proles.

Why not our Backyard?
I don't like the idea of oil dependency, but the reality is we need oil. I have always held the belief that we need to first exhaust all options for providing for our own energy needs before we go elsewhere. If we go outside of our country for energy needs, we don't really feel the impact of our usage. It's unrealistic to believe that we will become oil-independent enough to see a major change within the next five years, so let's at least begin diversifying our energy needs with greater responsibility for providing our own energy. I think it's arrogant to use oil as we do and then say, "not in my backyard" when it comes to drilling in ANWR. Perhaps if it was in our backyard, we'd be a little more urgent about becoming more self-sufficient.

Well....
"No one wants a nuclear plant in his county."

I think this can be changed to...

"No one wants a power plant in his county."

I can't see why anybody would be more or less happy or upset about having a coal plant in place of a nuclear plant.

A Way to End This Inflation Crisis
1)The Treasury and Fed should devote themselves to a stronger dollar (about 40% of the recent rise in oil is due to a free falling dollar).

2)End corn subsidies

3)End Ethanol subsides

4)Remove restrictions on domestic oil exploration, oil refining, and oil drilling

5)Remove ethanol mandates

6)Mandate that 25% of our energy grid must be powered by nuclear power by 2030.


AMERICA'S ENERGY POLICY

.....Is akin to playing Russian Roulette with one empty chamber ...

.....We might be the first Super Power in History to commit economic suicide to "save" the Planet ...I am sure that the rest of the World will appreciate our sacrifice ...

.....Several years ago, when Ethanol was first being proposed as a fuel, I wrote an article condemning the idea ...I wrote that it was obscene to grow food to fuel our autos when so many were starving in the World ...it seems that my prophesies are coming true ...

.....We all know the source of the problem ...we are being held hostage by Green Comminists who want to topple our Government and create a Socialist Utopia ...it's time to wake up people .....COLOSSUS

Solutions I
I: Grant refiners anti-trust exemptions so they can offer 30-35 year binding contracts to domestic producers. So long as minimums are met the refiners will pay $80 to $90 a barrel for any and all petroleum (or similar refineable substances) produced in the USA or contiguous countries.
(Proviso: There mus not be a petroleum overhead in excess of petroleum produced.)
This is enough to apply advanced extraction techniques to conventional oil; to liquify coal, to extract the solid called shale oil, to use tar sands, to manufacture petroeum from waste and on and on.
Result will be a surplus with the long-suffering motorist being soaked to subsidize exports.
With price guaranteed producers will produce more regardless of political barriers.

Solutions II
With some localized exceptions, avoid bio-fuels like the plague. Not only is the fuel suspect, there are no oil-based by-products. Plastics, fertilizers, medicines etc are as vital to our well-being as is fuel.

Instead, replace all farm programs with 25 year HUGE price supports thereby guarenteeing large surpluses and equally large quantities of waste. All of which can be transformed into crude oil and then refined.

Solutions III
On the conservation front: Offer multi-million dollar prizes to inventors who come up with practical constant speed engines> It is the variations that cause excess fuel consumption.

Then the government should replace its current fleet of vehicles with full-size sedans and over-sized SUVs tghat get at least 35 miles per gallon when stuck in gridlock. Refues to buy anything else but buy large quantities of the kinds specified and pay zillions for them

This guaranttees manufacturers profits on the new technology and makes it available to everybody else at the same time.

Precedent: IN WWI folks got desperate and simply said "if you build a miracle fighter plane we will buy it>" 112 days later-----P51 Mustang.

I have talked enough. Sorry for the excess space. Point is this: You want something, pay for it. Do not try to command it.

Your turn now.

Where is everybody?
On some topics the liberals stay home. On this topic it seems the conservatives stay home.

Conservation is the issue that always gets a fleeting nod, yeah we all agree … but it is not the answer!

Yet conservation must be a part of what ever may be the answer. Imagine a world where everybody drives an SUV and heats and cools 5000 sq ft of living space. It’s untenable. For us to keep our SUVs and 5000 sq ft homes we must keep ourselves above the rest. Nuclear can do it for us, but do we really want nuclear power plants dotting the entire planet? Nuclear power plants in every remote corner of the world? No we don’t. We drive SUVs and monster trucks but bicycles are best for the Chinese and the Africans can walk.

No soup for you !!!


Applying Common Sense
The advances in "closed-loop" technologies that integrate the operation of large industrial plants such as paper production or even food processing plants, is nothing short of astounding. Newer facilities have invested in machines and systems that address every aspect of the manufacturing cycle from raw material to recycling waste products back to the input stage for use as fuel to generate power and steam for plant operations. These plants are energy efficient, produce little to no waste and significantly reduce the need for natural gas to produce heat energy for operations.

That is the good news. The bad news is that we are only at the beginning of implementing this technology and the cost to manufacturers is significant. It will be necessary over the long run for these companies to invest in fuel and energy efficient plants but that will take time, perhaps two or three decades at a minimum. In the meantime, we need fuel to ensure we have the food and material necessary to meet the demand for goods and services. In the short term, that fuel will be oil and natural gas.

It is both a matter of demand as well as national security. We can continue to "fuel" the coffers of our enemies by importing sky-rocketing foreign oil or we can invest in the immediate availability of our own gas and oil while we pursue the amazing new technologies that will eventually eliminate that need. For those who look at solutions to problems logically and pragmatically, there is no better alternative. For those who would move our lifestyles back to the stone age simply to sooth their emotional attachment to the environment such logic will escape them.

At some point, the pragmatic majority needs to sit their touchy-feely environmentalists down and have a long talk with them about how things work in the real world.

BrianR
BULLSEYE!

Oilpatch Mercenary
An interesting perspective. Obviously I wouldn't support the actual measures you propose, but I do endorse the thought behind them. What voters almost always miss is that government mandates are as market-distorting and economically absurd as anything in your list. There ain't no free lunch. ALL REGULATION COSTS MONEY.

Regulation of the oil market is why gas costs what it does today. We can attribute much of the cost of gas at the pump to the artificial restrictions we place on supply (i.e., not drilling ANWR, shutting down rigs off FL and CA, etc). Another chunk of it is due to government fuel mixture mandates, both to contain pollution and to increase ethanol content. Folks, you're already committed to more ethanol in your gas -- and since 2005, that's what you're paying for. Is anybody out there? "Big oil" isn't the problem with prices at the gas pump. "Big government" is.

BrianR's right: much promise in shale oil. Let's also build new nuclear power plants. But the extent of the "world's oil reserves" is not something you'll hear accurate info about in the MSM anyway. Scientists in the last 10 years have said everything from "4 decades left at current consumption profile" to "14 decades left" -- and that's all based on the same type of reserves: just the "proven" reserves recoverable with existing technology. There's no single, "consensus" answer on this. Don't let the MSM tell you there is.

A hundred years ago a lot of people were sure all the coal was going to run out by 1950. The one pattern that has never been broken is that WE ARE ALWAYS WRONG about doomsday energy predictions.

TruLib tips the hand ...
... of the left - humans - BAD, Earth - GOOD!

A true bassackward approach to life that doesn't allow rational choices to be made to deal with what is essentially a technical problem.

So, the liberal enemies of humans fight interim nuclear and domestic drilling options while running a fright PR campaign on global warming. The objective? To get the (human) enemy to relinquish economic freedom to liberal planners who know "what's good for us".

TruLib, you will pry the keys to my Hummer from my cold, dead hands! Give me liberty, or give me death!

My backyard
You can put a nuclear power plant in my backyard.

Cars that run on cooking oil
I just saw a video earlier today that showed how a diesle engine can run on regular old cooking oil. Imagine that! a free tank of gas when you go buy your dinner at a restaurant. Why cant we make more diesle vehicles, i wish i had one now.

In my Backyard
There is one in my back yard. Plenty of room for more. Problem is the let the libs in Or. and Ca. have the electricity. I say let them eat cake....

We're just going to have to get used...
...to high gasoline prices. There is no alternative other than to cut back on our usage, or reduce taxes.

If we started drilling ANWR today, we'd start getting some oil in 6-10 years. Due to global shipping patterns, most of the oil we pump from ANWR would end up being shipped to Japan. The development of ANWR would add marginally to the world's oil supply, but not enough to alter the price more than a few cents.

If we started building new oil refineries today, we could increase the domestic supply of refined gasoline perhaps 10 years from now. It takes that long to build a refinery.

If we start building nuclear power plants today, we'll have clean, somewhat expensive electricity on hand between 10-15 years from now. It takes about 8 years to build the plant, and another 7 to bring it through the layers of safety and environmental inspections.

Short version: nothing we do today will affect the price of gasoline at all, unless we a) use less, or b) reduce gasoline taxes.

We should do all of the above: drill ANWR, build refineries, build nuclear plants. However, none of those are going to change the world oil prices, and none of them will provide any relief for at least 6 years, and probably closer to 10 years. In the meantime, gasoline will continue to rise in price, due to factors beyond our control, and -- this is most important -- beyond the oil companies' control, too.

(Unrelated to this topic, please visit my political blog, "Plumb Bob Blog: Squaring the Culture," at http://www.plumbbobblog.com. Thanks.)

Cooking oil, and other "alternatives"
People really need to think about what these silly "alternatives" will affect besides the price of what goes into their cars.

shieldwolf wrote:

"I just saw a video earlier today that showed how a diesel engine can run on regular old cooking oil. Imagine that! a free tank of gas when you go buy your dinner at a restaurant. Why cant we make more diesel vehicles, i wish i had one now."

Aside from the fact that diesel engines stink (as in "smell bad"), and that the public won't generally buy them, where do you suppose cooking oil comes from? Answer: corn, mostly. Corn is already at an all-time high price due to ethanol demand, and that's only a 10% additive to gasoline. If 100% of what goes into your tank comes from corn, how high will the price of corn reach?

Sorry, this is just a bad idea. But then, any idea that involves BURNING OUR FOOD is intrinsically a bad idea.

(Unrelated to this topic, please visit my political blog, "Plumb Bob Blog: Squaring the Culture," at http://www.plumbbobblog.com. Thanks.)

Another Neo-con job
Hansen, you are a worthless moron. YOu have allready bought inot the hyper leftist global warming agenda. Once you have vaed in there is no place else to go then with the herd.

"But now we are in a new phase of global environmental challenges, as billions of people across an interconnected and resource-scarce world seek an affluent lifestyle once confined to Europe and the U.S. "

obviously you never have studied anything even remotely scientific. This old Club of Rome garbage has been so completely refuted that to continue to spout it is to show your facile mind. Dr Simon et al and every valid economist has shown that when left alone all resources become cheaper and more abundant in the future. Humans create and discover new resources andtechnologies that expand existing ones. It has been going on over the last 3oo years, why would it stop? Unless the greens, reds and pink elephants cuase it to by over regulation and enviro-cidal legislation!

I am so tired of these mindless moronic bobbleheaded idiot gaggers. The conservative movement is brain dead! Hansen should be thrown into the nearest tar pit with his neanderthal brethren

To TruLib
You write that 'Mankind is a scourge on this planet and anything we can do to stop the rape of Mother Earth should be done.' And, 'Luckily for the all those in America who truly love Mother Earth the vast majority of those excess millions live in Africa and Asia. It's easy to be green when you don't have to watch the children starve.'

I hope you are using irony to make a point, because if you are serious, you have demonstrated a lack of basic human compassion, smugness and elitism that characterizes a frightening and growing segment of the environmentalism religion. OH, Brave New World, Brave New World! Read or re-read Aldous Huxley.

Misunderstanding
Inkling, the cooking oil in question is recycled, used cooking oil from the deep-friers at restaurants and doughnut shops, not fresh unused cooking oil. California Greens use it and their cars smell like french fries or doughnuts.
To the others, California already produces plenty of oil. We also have nuclear plants here. Why don't you guys in fly-over country build a few instead of criticizing us?
This is a supply-and-demand problem. Since the 1970s Americans have limited their fertility and population growth to sustainable levels. All the extra population growth is imported, thanks to Teddy Kennedy and the Democrats changing our immigration laws. Currently, we import around 2 million people per year from high birthrate countries. Additionally, 2-4 million people from high birthrate countries like Mexico INVADE our country illegally. What we need is a moratorium on all immigration, both legal and illegal. We also need to send the illegal foreigners home with their offspring in tow and cancel all the temporary visas handed out to foreigners who are taking jobs Americans CAN do.
That would go a long way to solving our problems and until more refineries are built and other forms of energy developed, we continue the moratorium on the importation of foreigners and we institute a "carbon tax" on all foreign visitors.

An odd column by Hanson
Hanson usually seems to have his head screwed on straight, but this column shows he's been hanging with way too many liberals. He's bought into the need for environmentalism, which is very strange for a real conservative. In this column he sounds dangerously close to liberal environmentalists, which will never do. Someone should remind him that conservatives realized that the environment can take anything we can dish out, so we certainly don't need to worry about all those sources of pollution he mentions. As for the populations of other parts of the world, who might be suffering, Hanson should know that the real conservative attitude is to just ignore it. They're all going to starve anyway.

ANWR needs to be explored before
it can be drilled, folks, and we haven't even done that. There's been one limited fly-over study by, get this, an environmentalist-funded group that claims there's no point in drilling, not enough oil there. Alaskan-based geologists flying over just using their eyes say they think the one study is bogus and we need to go in and drill some test wells, but the environmentalists harangue Congress to make that a virtual impossibility. Until ANWR is explored, there's no point believing it will produce great amounts of oil, but there are geologists that think ANWR will make Prudhoe Bay look like a marginal field.

craigers
Truly amazing!!

Why not MY backyard?
I used to live two blocks from a coal plant and I would readily have exchanged it for a nuclear plant. From what I've seen down in the Tri-Cities area in WA, nuclear is clean, quiet, etc. It might not be a good choice in earthquake areas, but there's still a lot of area that would qualify. We need to be sensible, folks. Nuclear is an incredibly powerful, incredibly safe (remember, 3-mile Island's containment building did its job) technology that we're not using because ...????

There are a lot of other energy technologies that need to be in the mix, but we need to get away from the idea that solar, wind, close-loop systems, etc. are going to be a "magic bullet." They can help, but they aren't THE answer. Solar and wind experience incredible voltage drop due to storage and transmission. I'm not sure about closed-loop systems. I just watched a special on them and they sound promising, but the program didn't go into whether they use a battery bank for storage. That is inherently wasteful energy that loses a lot in transmission. Geothermal is another great technology that holds incredible promise. Unfortunately, we're talking 20 years for all of these, if we get started right now. At current oil prices, the economy will have tanked and we'll be in permanent Depression a long time before we can utilize these technologies.

Why not nuclear?
Well, it's a great idea and I fully support building one somewhere near my hometown (long as it's quake-resistent - Alaska, you know). But let's say GVEA, local non-profit electric cooperative, could figure out a way to fund such a project and decided to go for it. It is my understanding that they're looking at a decade of permitting process before they can even break ground, and that's if some environmental group doesn't protest that we're going to nuke the grouse/moose/lemming/vole populations of the Tanana Valley. When was the last nuclear plant actually granted a license to operate?

I think the technology is a great idea, but the hurdles to build the plants keep energy cooperatives from actually investing the money in even researching the construction.

That's a major thing that needs to change.

This article is based on junk-science.

Readers: This article is 100% out of phase with real science.

Victor, your ignorance is not your fault. If I did not have a degree in physical and mathematical sciences, I might be in the same boat as you.

The boat you are in is occupied by many people who are otherwise conservative. Newt Gingrich is your boat's captain. The problem is that the boat you are in is actually a canoe being towed behind the Environmentalism Industry's battleship.

There are many good sources of information that people such as yourself who have bought into junk-science can understand and use to begin to overcome your ignorance of real science.

I suggest starting with “The Skeptical Environmentalist: Measuring the Real State of the World” by Danish scientist and former global warming believer Bjørn Lombørg.

Gestell
I'm as conservative as they come, which means I believe in conservation. I don't however, believe in environmentalism, which basically wants to end the existence of 90 percent of the human race so that the few and privileged can enjoy "pristine wilderness". Hanson is not doing anything that conservatives haven't done in the past, which is advocate for safe and sane resource use that doesn't foul our nests and doesn't allow neighboring countries to poison our water and air. Nothing wrong with that. That you don't recognize what he's writing as true conservativism shows where your mindset it. Liberal as always.

Gestell
What can you say?

what to do?
We missed the boat 25 years ago when everyone poo pood nuclear energy.If we had continued building nuclear we'd probably have 700-800 units now instead of our mere 100,and wouldn't be in this predicament we find ourselves now.This is the answer in the long run,for the short run we need to develop all our possible fossil fuel assets quickly

Zerubbabel says:
"Yet conservation must be a part of what ever may be the answer. Imagine a world where everybody drives an SUV and heats and cools 5000 sq ft of living space. It’s untenable. For us to keep our SUVs and 5000 sq ft homes we must keep ourselves above the rest. Nuclear can do it for us, but do we really want nuclear power plants dotting the entire planet? Nuclear power plants in every remote corner of the world? No we don’t. We drive SUVs and monster trucks but bicycles are best for the Chinese and the Africans can walk."

This is wrong on every point.

Conservation is a hoax. I know almost none of you will believe me but the idea of "reducing our use of [fill in the blank]" is unnecessary, economically juvenile and abjectly ignorant.

It is ABSOLUTELY tenable for everyone on the planet to drive an SUV and heat and cool 5,000 sq. ft. of living space. You betcha!

The earth's resources and space to live and grow food is so plentiful that it would take trillions of people populating the planet before there would be any need to be concerned.

Scarcity is a wicked lie that makes people anxious and fearful over things they need not be concerned about. The lie of scarcity is used to control people and get their money. The Environmentalism Industry is huge and needs a lot of money to keep its executives happy. The executives that run the Sierra Club live very large. Government leaders who want to contorl people use the lie of scarcity.

A nuclear reactor is safer to operate than a bubble gum factory. Nuclear "waste" is not waste but is a vital material for water treatment, food sanitation, medicine and other important uses.


Here's where "compassion" leads
The reason totalitarian thugs like Chavez, the Putin machine, and every two-bit towelhead in the Middle East are getting rich is because the price of oil has skyrocketed. The reason the price of oil has skyrocketed is because the dollar has fallen. Commodities rise when the dollar falls, and oil is a commodity. The reason the dollar has become inflated is because of the monetary policy of the United States. The reason for the monetary policy of the United States is the fiscal policy of the United States. The Fed only responds to economic conditions in the United States. The economic conditions are initially determined by the fiscal policy. U.S. fiscal policy has resulted in the record fiscal deficits and in the herding of millions of Americans from productive economic pursuits to nonproductive ones (e.g., faith-based charities, ethanol industry). Responsibility for the fiscal policy falls on the President's shoulders, because he is the moral leader, he submits the federal budget and approves the final product, and he approves or vetoes regulations that strangle business (e.g. Sarbanes-Oxley).

Responsibility for the food shortages, the 1.5 million starving people worldwide, the food riots, the government coups, the stagflation, and the economic distress of the average American citizen right now falls squarely on the shoulders of the ignorant, sissy, petulant, narcissistic Counterfeit Cowboy, who wants to be regarded as "compassionate" without having to actually do any mental work. If he did, he would learn that "free markets" really do work and it is not just a rationalization used by amoral capitalists.

The Fed and Treasury Could Lower...
...oil prices in hour if they stopped allowing the dollar to fall. Treasury Secretary Paulson could sell Euros and Yens and buy bonds and dollars. Bank ministers in Europe and Asia are very willing to jump in and help (the weak dollar is killing thier exports here). Fed Chairman Bernecke couls increase interest rates a half of basis point. The combination would increase the value of the dollar, and with it create a major drop in oil prices (oil is bought and sold in dollars).

Commodites are sky rocketing as investors are pouring money into gold, silver, oil and grains as a hedge against a weak dollar. The weak dollar is making life very good for speculators.

Fighting Lunacy
"It is ABSOLUTELY tenable for everyone on the planet to drive an SUV and heat and cool 5,000 sq. ft. of living space. You betcha!"

Americans consume 6 times more oil per capita than the world average. If everybody in the world consumed as Americans do the world oil consumption would increase from 86 million barrels of oil per day to 526 million barrels of oil per day. That is tenable? What would gas cost if world demand increased 6 fold?

Would you really want Afghanistan, Somalia and other such dysfunctional countries to run nuclear power plants? How about more functional countries that then become tyrant fodder in the future. Every nuclear plant is a terrorists target.

Conservation has always been prudent. We import about a quarter to a third of our oil. Conservation alone could drop our consumption that level. Wouldn’t it be great if the cowboys and soccer moms would give up their SUVs/monster trucks and we could tell the Arabs to go pound sand into their oil holes?


Wendy
"The reason the price of oil has skyrocketed is because the dollar has fallen."

What happened to supply and demand? Doesn't that work anymore?

The obvious answer
The obvious answer to importing huge quantities of oil is to drill for our own oil right here. The United States has huge known reserves of oil, and the only thing standing in the way is the US congress.

We could be exporting oil, as well as feeding the worlds poor.

Leaving fuel in the ground and burning our food seems remarkable stupid.

Fighting Lunacy
You seem to be engaging in, rather than fighting lunacy. We are stressing the world's resources currently and the world is changing. There are worldwide food shortages and disease NOW. If the population continues, these occurrences will worsen. Soon, it will not only be a 3rd world problem, it will be a first world problem.

What To Do
Read JPK (10:31AM), baseball doc (11:26AM), oilpatch mercenary Solutions II and III (11:47AM and 11:54AM), for the answers.

Horse Hockey
Coal doesn't heat up the atmosphere any more than the hot air from commentators like this turkey.

Notice the environuts have turned to using the term climate change rather than global warming. That way they are right whether we are warming or cooling. Since we have been cooling for the last ten years, they need to continue the cash flow.

Observe the food crisis occurring during a cooling phase. Global warming would be preferable.
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