Robert:
Thank you for the link. It looks extremely comprehensive and very
interesting. However, it is 31 pages long with 40 all-inclusive footnotes.
It is going to take me time to get a handle on all of it. I would also like
to see the oil industry's rebuttal. Since your reference is a very recent
report, from a creditable source, I'm sure the oil industry will have
counterpoints. Understanding BOTH sides of an argument kind of works for me.
As far as my comment on "supply and demand"; I was stating an economic
fact, not a social agenda. You are absolutely correct about the "misery and
hardship" and that is exactly why the economic mechanism seeks it own
equilibrium. It is a leveling force that drives extremes to the mean.
Long-term it is beneficial, but short-term causes misery for some. The most
efficient tool to effect (or change) human behavior is through the wallet!
Lets discuss this at the Red Flame during speed week. :-) -Elon
-----Original Message-----
From: Robert J. Denton Images
(snip. . . I would highly suggest reading this file.
http://www.consumersunion.org/profitscover.pdf Higher prices creating lower
demand is a fantasy solution. It creates hardships and misery for millions
who need gas to go to work, go to scholl, go to a doctor's appointment, etc.
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