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Originally Posted by Baraka_Guru
Biofuels are an unrealistic widescale alternative for the next few years. And it isn't about efficiency in finding and drilling oil, it's in finding and drilling sweet crude at all. You can only expand capacity so far before it becomes impossible to keep up with demand, especially when you get down to the crude that needs more refining. Refining capacity has been a problem recently, too.
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Are you a Canadian? What do you think about the tar sands? Viable? At $200 a barrel for oil, profitable?
Quote:
Originally Posted by host
ace, you've been a long term supporter of the fanatically pro-Israel, neocon agenda...
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I believe Israel has a right to exist. Do you?
I believe we should honor our treaty with Israel. Do you?
On the basis of those two questions, you call my view "fanatically pro-Israel"?
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Originally Posted by host
ace....you post crap you read in IBD and WSJ editorials as if it was gospel truth. I wish you would support the things you post with sources we can go to and consider....sources other than editorials.....here is a more fact filled and evenhanded piece on the recent history of oil corp. relationships with the government of Venezuela:
http://www.businessweek.com/bwdaily/...4558_db016.htm
The folks in charge in Venezuela in the 90's presided over wealth inequity that should even make a conservative wince....as they were negotiating away the petroleum rights of all of the people of the country.... while the wealth flowed undeniably and exclusively to the wealthy. Has not nearly every third world nation with relationships with "big oil", done exactly as Venezuela has?
Democracy worked ace. The masses voted out wealth inequity, and the flow of wealth went away from the elite. This is the only non-violent recourse that an oppressed mass has, against a usurping elite. The people of Venezuela managed to stop the concentration of wealth in their country, peacefully, but you condemn them for it....
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I clearly identify opinion pieces as opinion pieces. The read can decide if those pieces add any value. I express my opinion as my opinion, nothing more.
If you think it is o.k. for governments to seize private assets without compensation, that is your view and I can still respect a view different than mine. However, governments seizing oil company assets or profits is a risk that "smart money" may want to avoid.