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Re: sylvester80 post# 349946

Wednesday, 08/27/2008 5:02:43 PM

Wednesday, August 27, 2008 5:02:43 PM

Post# of 495952
Yeah, right. Once speculators find out that we are allowing the exploration in cheaper areas with suspected high yeilds, they'll bring the price of a barrel of oil well under $90 which translates to a dollar decrease in gas prices.

It's the speculators (the Market) you have to convince of high supplies which will bring the price down. Not a bunch of whining liberals that don't want to drill.

Note this does NOT discount using incentives to increase R&D into alternative energy sources. Neither candidate will turn down this type of initiative in today's climate... depending on the pork attached.

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