Quote:
Originally Posted by Teak
FULL OF SHIT, AS USUAL. It is the American consumer who is rewarding OPEC.
Stupid Americans are going to buy just as much gas at $6 per gal as they did at $1.50. It seems fools just will not park those damn SUV's, nor will they live closer to work. Mommy still must take little Timmy to school, because he's afraid to ride the school bus. Then she picks him up and drives him to soccer practice, two miles away. Damn people spend more time in their cars than they do at home. Stop whining about the price of oil. Just stop buying it. FOOLS.
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So, you reject economic theory of supply-demand?
The reports of energy statisitics and related topics indicate that the high price of oil is driving all sorts of demand shifts, and corresponding supply shifts.
Instead of saying "Just stop buying it. FOOLS." say "Here is an alternative to invest in and as long as the price of oil stays up for a few years, you will save money in those few years to pay for the investment, and then no matter what happens to the price of oil, you will have locked in savings, because not consuming oil is always cheaper then consuming both high and low priced oil."
Of course, one of the impacts of investing in alternatives is this investment means that your energy dollars are going to pay people in the US to make the energy, rather than paying others to plunder the oil from the ancient past with essentially no labor employed anywhere on the plant.