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Comment on: The Oil Patch Plug

Dems is SPACE-Chaos Over Drilling

2 Comments

Can I Ask A Favor?

I got involved in a debate with one of those "We can only change demand" liberals, who kept claiming somehow the "massive reserves" of OPEC would let them keep prices high. I don't get it. If they flood the market with reserves, prices go LOW. So that makes no sense.

My question is, could you look at the debate I had with W.Falicoff and tell me if I am missing something. Is he actually making sense and I just don't get it, or am I right that we can increase supply and that altering demand is not the only solution?

Just need another pair of eyes to make sure I am not missing something. You seem pretty astute on oil and related matters, so I want to make sure I am not missing something and make sure the left has no valid argument.

http://townhall.com/columnists/Column2.aspx?UrlTitle=obama_ supporters_for_$10_gas&ns=AmandaCarpenter&dt=08/06/2008&pag e=full&comments=true

I am pretty sure I am not missing anything, but I want to be certain.

Oh, just saw this

Apparently he is either a Doe or "solid state lighting "insider" who is praising DoE to the stars and excoriating Reagan for not following through on Carter's solar boondoggle.

And he is ascribing to OPEC the power to control world prices, ignoring that our own inability to drill domestically is largely to blame for their huge share. He also is ignoring BP and other non-OPEC vendors, who do control 60% of the market. This guy is making what sound like plausible arguments, but really seem to amount to nothing but putting numbers to specious claims.

Well, as I said, I think I am right, but I may be missing something. I hate to ask, but he seems so sure of his strange claims I want a second set of eyes. Usually those with hollow claims resort to name calling or fold by this point. He just keeps repeating the same nonsensical claims. Makes me have doubts when people are so hardheaded.