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- Path: sparky!uunet!charon.amdahl.com!netcomsv!netcomsv!spacebbs!john.holmgren
- From: john.holmgren@spacebbs.com (John Holmgren)
- Newsgroups: sci.energy
- Subject: Re: NEWS: Oil Use Could b
- Message-ID: <5742.1017.uupcb@spacebbs.com>
- Date: 22 Jan 93 13:11:00 GMT
- Distribution: world
- Organization: SPACE BBS - Menlo Park, CA - 10 Lines + 4gB - 415-323-4193
- Reply-To: john.holmgren@spacebbs.com (John Holmgren)
- Lines: 21
-
- PD>What these no-more-oil-use fantasies ignore is the response of the oil
- PD>market. The OPEC countries would respond as follows. First, they
- PD>would view this as a threat to the long term market for oil. So they
- PD>would have no incentive to preserve their oil stockpiles. OPEC
- PD>production (mainly, mideast production) would increase, as the
- PD>countries try to maintain their accustomed incomes. Oil prices would
- PD>fall.
- Yes, exactly so. Which is why it's foolhardy to fuss with the market.
- The best alternative is to remove oil SUBSIDIES, which were contrived for
- domestic producers, and which just enrich OPEC guys. Let alternative fuels
- develop on a level playing field, and at the same time exact a cost for
- pollution.
-
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