Quote:
Originally Posted by chucklesR
Lemme see if a country boy can get it straight.
If we don't drill and eventually tighten the market up (it's called supply and demand in every class I ever took) the oil companies make less and the consumer pays the same or less...
- and if we do drill it won't benefit the consumer at all (ignoring the fact that we'd have a oil supply in 15 years that we do not have now) just make profits for the oil companies?
I'm sure that makes sense in the city, but where I grew up it's nonsense.
If I was selling water and my well was going dry I'd sure as heck plant a well somewhere else and get more water to sell - that my friends is business 101 in the sticks.
If I'm selling water to you for 10 cents a gallon and a customer who's thirstier than you offers me 15 cents a gallon, guess what my new price is? That's called economics 101.
If I know my well is running empty, or a whole lot of thirsty people are about to become customers I do everything I can to get rights to land and drilling permits to make a new well. That's called management 101.
In common sense 101 we learned all that, it wasn't even an advanced course.
Free lessons available. It appears some of you need them.
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Or, if your well was running dry, you spend millions in an ad campaighn to confuse consumers and voters (ad campaighn 101) and spend hundreds of millions to lobby politicians (politics 101) so you can make billions of dollars in profits (greed 101) and get NO closer to solving the energy crisis (denial 101).
But that is too complicated... all those nastly little facts and college stuff. Best to just put out a bumper sticker: Drill Now, Drill Here, Pay Less.
If it sounds good, people will vote for it.
- CD