Quote:
ORIGINAL: Big Duane
the invasion of Iraq is what has driven oil prices through the roof
to lower them we need to
(A) release the strategic reserves
(B) drill our own oil, for us
(C) build better refineries
(D) the above is a decade or two temp solution, electric/hydrogen needs to be developed NOW
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A) Nothing but a possible SMALL short term effect, once gone, we are back to what we have today
B) YEARS away if we start now
C) MANY YEARS away if we start now
D) Good long term goal, no relief now, possible relief years from now.
The main thing pushing up the price is global demand. 10 years ago USA was the single largest consumer and we got low prices cause well we could always go to another company. Now with an ever increasing world demand, we aren't the prized customer we use to be.