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Reply #8: The 8.4% who think environmental groups are to blame... [View All]

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Spider Jerusalem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-26-06 07:08 AM
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8. The 8.4% who think environmental groups are to blame...
are just as ignorant as the 80% who seem to think that the global supply and demand situation has no bearing; one group suffers from the unfortunate delusion that drilling in the Alaskan wildlife reserve (estimated to hold enough oil to supply the US for about eight months at current rates of consumption) will solve America's looming energy problems, the other is firmly convinced that Americans have a RIGHT to cheap fuel regardless of market forces (demand growth of over 10% in 5 years, declining output in major oil basins, geopolitical tensions in Iran and Nigeria, nervousness of investors over the very real possibility of a serious supply shortfall in the near term, und so weiter) . And they're both wrong.
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