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Re: nascrazy post# 1702

Sunday, 11/06/2011 12:33:36 PM

Sunday, November 06, 2011 12:33:36 PM

Post# of 7602
Nas Re: Isn't that great, I guess that's the only way to keep OIL above $100 is to cap the source.


No.

The US is an importer of oil so does not want high prices. High oil prices cause recessions. The reason solar and other alternative energies are presently subsidized is to encourage business to use them so someone like a Natcore can possibly find a cheap alternative to oil. Alternatives to oil will drive the price of oil down.