Quote:
Originally Posted by Botnst
Okay, follow the bouncing ball.
The price of carbon-based fuel has skyrocketed. The result is that alternatives are becoming increasingly viable. The consumer benefits.
If carbon-based fuels decline in price the competing methods have to improve efficiency or go belly-up. In either case the consumer benefits.
Repeat.
B
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I see, but that's if the alternative energy business is already well established. A big drop in oil could easily put alternative energy out of business, especially while still in infancy. Consequently SA cuts production and oil prices skyrocket again... back to square one. Lots of economists are now proposing an oil price floor for this reason.
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2004 VW Jetta TDI (manual)
Past MB's: '96 E300D, '83 240D, '82 300D, '87 300D, '87 420SEL
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