Posted by paul on June 10, 2008 at 12:10:00 from (66.60.197.105):
In Reply to: You are now in charge posted by john in la on June 10, 2008 at 06:40:04:
We need to go through resseccion & then inflation to cure the housing bubble that has crippled our ecconomy. Unfortunately this is happening at a time of world ecconomic growth - mostly at our expense as well.
So there is no solution to the energy cost bubble. It will have to happen.
I would work on some conservation - tho that will not solve the problem.
I would work on producing a larger % of our own energy. Importing energy is a dead-end at this time, other contries want it too and it is only a bidding war.... We need to produce our own, and that included drilling more wells, putting up more clean-coal burning plants, and so forth. Bio-fuels, solar, and wind are future things, continue to work on them. Hydro-electric is some of the cleanest, cheapest power - it does mess up towns & folks living along the shores of the new lake, but perhaps a few more hydro-electric plants would be in order.
I would look at these energy prices as an oppertunity to improve our energy use and production, so that we can continue to compete with the rest of the world.
We cannot borrow, or spend our way out of this energy situation. We can conserve, but not enough to make energy cheap. We are not the big dog any more, other countries are filling in and buying what we don't use. No govt check will solve this problem.
We need to develop our own internal power supplies, as we become more efficient & cut back use.
If we don't, this country will no longer be a major force on the map.
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