View Single Post
  #7 (permalink)  
Old 04-21-2008, 10:55 PM
gpsman1's Avatar
gpsman1 gpsman1 is offline
Hybrid & Ethanol Expert
 
Real Name: John
Location: N.Colorado & S.Minnesota
Hybrids: 2005 Ford Escape FWD, 2000 Honda Insight
Posts: 2,702
Default Re: Oil at $117/barrel, Saudi Arabia "not interested" in increasing production

Ok, fine. Let's raise the price of corn to $117 a bushel just for Saudi Arabia. Price of beef? Lamb? Chicken? $117 a pound... just for Saudi Arabia. Man cannot live on camel alone. What? That's not playing fair? It's called TRADE for a reason. You trade things you have for things you need at a reasonably equal value. Anyone feel an embargo coming on?

I know what you are thinking, any embargo only hurts the poor. The lower class.
Well, isn't that exactly what high gas price is doing to Americans? I don't think Oprah or David Letterman, or Jay Leno ( with 100 cars and motorcycles ) is being hurt by the price of gas.

What does S.A. have the least of? Looks like water to me. They only have ground water for 40% of their ever growing population. Nearly 60% of their water comes from desalination of sea water... which I'm sure, takes tremendous petrolem energy to produce. Too bad we can't send the oil supertankers back with fresh drinking water, at $117 per barrel.

Of course, there's the G.W.Bush way to solve the crisis... send a few 100,000 soldiers.
Reply With Quote