The American economy will eventually emerge from this crisis significantly weaker, largely because of its now-inescapable dependence on imported oil
motherjones.com/commentary/tomdispatch/2008/0...Posted Feb 3, 2008, 4:01 AM UTC
159
Posted Feb 3, 2008, 4:01 AM UTC
You mean the same oil we have always been dependent on? Give me a fricken break.
No break for you. You'll have to pay through the nose for your energy just like the rest of us.
It's becoming scarcer, friend. It doesn't go back in the ground after you burn it.
The reason that OPEC has tried to keep prices down in the past is that sustained high prices will lead to investment and development of alternatives.
Same reason OUR American oil companies buy up the same.
I never underestimate the American people. They will come up with alternatives.