Bob Brinker Free Discussion Site 59,820+: Re: Oil Price

» Moe_Berg - Re: Oil Price

In response to Oil Price posted by Happy_2:

Your observation is spot on target, Happy.

I thought Bob did an excellent job explaining the difficult situation we face today - ie. demand driven rising oil price in an environment where existing producing and refining capacity is almost fully utilized with no expectation of slowing demand growth. Looks like he did his homework knowing he had oil industry analyst Charlie Maxwell as his guest expert on the program thiis weekend.

I thought Bob's observation that today's politicians are not fully facing the seriousness of the above situation was also spot on target. But Liberal Bob, true to his McGovernesque leanings, failed to mention that President Bush's proposed Comprehensive Energy Bill has been deliberately blocked in a partisan Congress for 5 years until it finally was passed during this past month and signed into law. It took a caller to point out that the cheap oil prices of the 1980's and 90's (with the exception to the quick spike around Gulf War I) drove the lack of interest in energy conservation and solutions during that period. Instead Showman Bob railed about the spilt milk (lost opportunities) of the past 30 years - something nobody can go back and do something about. Granted Reagen, Bush1, and Clinton could have exercised leadership on this issue and failed to do so. And Carter proposed 3 Energy Programs that a partisan congress shot down. But we can't do anything about that now - it's past and it's history.

And then Comedian Bob jokingly added that he does his part to save energy by driving his golf cart every time his schedule permits - HA HA HA. I doubt if Bob will be invited to headline any stage shows in Vagas any time soon based on that failed pun.

Frankly, if I were the President, I'd call in the heads of all American Car Companies and crack their heads together until they agreed to announce a crash program (ie. WW2 Manhattan Program) to mass produce Hydrogen Fuel Cell propelled cars and Hybrid Cars by a specific deadline no matter what the cost to the public. Whatever the extra cost of the changed paradigm, it would be worth it to cut off the funds we pay for gas that go to fund terrorism that Al Qaeda gets from the Saudi's as bribes not to topple the 'Royal' Family!

-- posted by Moe_Berg