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