Quote:
Originally Posted by Barry-xlovecam
Mike, the best defense is a strong offense ...
America really needs a real renewable or new energy roadmap -- NOW!
Like Kennedy's vision of going to the moon: we need a leader with an energy independence vision. And coal mines (think Dickens) , oil fracking (think Rockefeller and monopolies) -- carbon related energy resource development is absolutely NOT the answer -- it is just going deeper down the rabbit hole only to find absurdity.
One day we will find a way to make cheap power with hydrogen (hydrolysis).
|
Thats not the answer. The only reason why we havent is because the dollar is now tied to the value of oil instead of precious metals. For currency to have value it needs to be tied to something of value. And oil is by far more valuable than any renewable energy source.
Having renewable energy does nothing to protect the dollar. If the US doesnt consume oil they lose the petrodollar and China steps in anyway. The dollar will plummet and so will the US economy.
Demand needs to remain strong. With lower prices look what is happening to Venezuela, Russia and Nigeria. With lower oil prices we also have deflation that is starting to effect debt payments.
There's a lot more here to read about why low oil prices could be very bad for everyone...
Ten Reasons Why A Sustained Drop In Oil Prices Could Be Catastrophic | OilPrice.com
US national security and economic interests are closely tied to oil... if you dont believe me you dont have to look any further than the war in Iraq and how Bush & Co lied to get in there...