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Alias Born 01/03/2005

Re: Crapsguy post# 2447

Friday, 04/22/2005 12:28:06 PM

Friday, April 22, 2005 12:28:06 PM

Post# of 7018
I hope the price of gasoline goes to $4.00. Why? Because it is going to take a price like that to make alternative energy sources profitable. Looking back 30 yeats of more. . . everytime gas prices take a spike they stay high for a year then drop back to lower but still higher levels. Saudi oil is so cheap to produce and they have had so much of it that they could regulate the market. Anytime there was a serious chance that new alternative energy sources might give them some competition they just flooded the market with cheaper oil. Down go gas prices and investments in NEW energy sources stop. That tactic may not work in the future because China & India are growing so fast that the demand for oil will exceed the supply. When that happens (which I think it is now) gas prices go up & stay up but alternative energy sources will finally be developed. We may never see "cheap" energy again but at least we may see reliable and affordable energy. WHEN we can produce most of it in the USA>
Dennis

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