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Author Topic: Chu: DOE not interested in lower gas prices, it wants to force us to 'go green' [Locked]
Brother_Tempus  3 stars
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
Sin_of_Onin posted:

Having a long term energy strategy is very important for the government and it has less to do with going green and more to do with long term economic efficiency.



The US has had the DOE pursue this for neatly forty years, it had failed and will continue to fail because it stupidly believes that government is smarter than the free market

It is time for the DOE to DIE

The US has faced 2 major energy crisis in its time and the free market not government solved both of them

It is time to kick government out of the energy market before it really breaks something

 

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ZigmundZag  4 stars
Title: Grammar Nazi
Posts: 1,211
Registered: 2002-3-25 23:03:00
Bowlartz posted:

I am pretty sure the supply of oil right now is out pacing demand by quite a bit. In the US alone we are closing refineries and shipping gasoline to other countries because we are swimming in the stuff.

Here's a little mental exercise for you (don't worry, it's a small one). If the supply of oil is outpacing demand, the free market would dictate that oil prices would...do what now?

 

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Tych2  4 stars
Title: Obama Appointed Outpost Czar
Posts: 2,511
Registered: 2005-3-1 06:56:47
Yukishiro1 posted:

Tych2 posted:

Politicians. They will get my wrath in the form of my not voting for them.



Politicians don't control gas prices.

Of course they can control it. Do you think the most powerful man in the world would just sit on his hands? They can set policy to discourage or encourage some types of activities. They choose not to.

 

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theredkay1  3 stars
Posts: 611
Registered: 2008-5-16 10:37:09
The 'free market' solved them with higher prices and economic slowdowns.


The market should respond with increasingly efficient oil usage and alternatives to oil. The main thrust of the DoE is efficiency and alternatives and it plays a role because the free market always has inefficiences outside of your world of make believe.


Inefficiences like funding for long term research, bridge financing to get from the lab to manufacturing with economies of scale and onto the store shelves. The market is very good at short term, not so great at long term plans....this is caused by the fact that people dont live forever and nobody is at their job forever so nobody in the market really cares about the long term. So your solution to a lack of a long term plan is to empower the group that by its very nature does not do long term planning. But when you rely on magic I guess anything is possible.
ZigmundZag  4 stars
Title: Grammar Nazi
Posts: 1,211
Registered: 2002-3-25 23:03:00
It's already subsidized by billions per year, Tych. The price at the pump nowhere near reflects the price it takes to extract, refine and ship gasoline. And we're still on the hook for those billions, too. So what else would you suggest they do?

 

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Yukishiro1  4 stars
Posts: 3,243
Registered: 2002-9-20 23:52:57
Tych2 posted:

Yukishiro1 posted:

Tych2 posted:

Politicians. They will get my wrath in the form of my not voting for them.



Politicians don't control gas prices.

Of course they can control it. Do you think the most powerful man in the world would just sit on his hands? They can set policy to discourage or encourage some types of activities. They choose not to.



What would you have them do?
Akza  2 stars
Posts: 271
Registered: 2002-9-8 18:02:25
ZigmundZag posted:

Bowlartz posted:

I am pretty sure the supply of oil right now is out pacing demand by quite a bit. In the US alone we are closing refineries and shipping gasoline to other countries because we are swimming in the stuff.

Here's a little mental exercise for you (don't worry, it's a small one). If the supply of oil is outpacing demand, the free market would dictate that oil prices would...do what now?



shut down refineries to keep up your profit margins. yay capitalism.

 

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Brother_Tempus  3 stars
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
theredkay1 posted:

The 'free market' solved them with higher prices and economic slowdowns.



You are confused, that is happening now with a government run energy market

 

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Tych2  4 stars
Title: Obama Appointed Outpost Czar
Posts: 2,511
Registered: 2005-3-1 06:56:47
Yukishiro1 posted:

What would you have them do?

I have no idea. If I had the answers I wouldn't be doing tax preparation.


ZigmundZag posted:

So what else would you suggest they do?

I have no idea. If I had the answers I wouldn't be doing tax preparation.


theredkay1 posted:

Do you live close to work to shorten your commute? Do you own the most efficient (MPG) car within your price range? Do you buy local products? Have you made sure your retail electric provider isnt using oil burning power generation? Have you stopped flying and buying things and moved into an unpowered hut?

I live about a mile and some change from my office. I do not own the most efficient (MPG) car within your price range. I do buy local products whenever I can. I do not make sure your retail electric provider isnt using oil burning power generation. I have not stopped flying. I have not stopped buying things and I have not moved into an unpowered hut

 

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Yukishiro1  4 stars
Posts: 3,243
Registered: 2002-9-20 23:52:57
Tych2 posted:

Yukishiro1 posted:

What would you have them do?

I have no idea.



And no one has any idea. There is nothing you can really do, short of simply having the government pick up part of the cost. Which encourages gas prices to go up, not down.


The only thing that can be done is the government trying to get people to use energy more efficiently. Short term gas prices are beyond the control of politicians except in a socialist state where the government tries to set the prices.

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