Gas Prices

[CaptainSDavies 0]

Can we acknowledge that there may be differences that are so fundamental that they cannot be reconciled in an online discussion? If we can't agree on fundamentals, then we're hopeless to agree on the details.

 

I agree to disagree and thank those for a spirited and well articulated debate. It is always good to test what we believe. :(

[LoAmi 0]

The more that the market is allowed to function uninhibited, the more all citizens will benefit.  That's my belief, and I'm sticking to it.  :(

By extension, I have to say that it was the market that reduced acid rain and smog, starting cleaning up the water supply, keeps the natural drainage provided by wetlands intact, makes sure that buildings are constructed safely and that the workers who build them have safe equipment and know safety procedures, ensures that everyone has access to necessary health care (let alone preventative healthcare), provides universal education, ... oh, it wasn't?

 

Of course, all of this is completely irrelevant to the oil issue. Now, I'm not saying that price fixing is the best or only way to solve the problem. But, without some impetus to change that will probably not come from the free market, peak-oil will hit us with our proverbial pants down.

 

Corizon,

 

The universally accepted scientific fact is that peak oil will be reached. As far as I know, there is no consensus as to when, but even the rosiest estimates put it in within the 21st century, usually in the first 50 years. The most pessimistic say that we're somewhere near it now. All the models rely on certain assumptions about future consumption, technological improvements, the existence of oil reserves, and just how much oil is actually in the ones we're exploiting now. None of that data is known to any degree of certainty.

[Cptn Corizon 0]

In the interest of group harmony...topic closed :(