SN,
1. Where did I provide the price oil. Hint: I never have. I have talked about the price of unleaded gasoline. This price is available on the internet just like APPL, IBM, HAL, HQH, PAA, ETP and CSCO.
2. Tell me how supply and demand works...I always thought when demand goes up with constant supply, price goes with it. Tell me where I am wrong.
3. Obama not only did that but did it many times. A lot of those times he did so with a , period. This is public record.
4. Oil produces one percent of power productions...I thought it was 2% until I was an Exxon commercial last week. Care to offer a link that states other wise. I got the 2% on Wikipedia.
5. Steve offered up a Amb. John Huntsman quote which states the price of gasoline would be if we were protecting supply...oil travels on the ocean in tankers. However, we do not protect just oil, we protect those Nikes, laptops and iPhones...just saying. Care to answer if not us whom question?
6. See #5
7. I offered up links on that one...sorry you did not read them. Northwest Europe has horrible weather...it is documented. Read about the 8th Air Force or Operation Watch on the Rhine. 95% of electricity produced in Germany was non-renewable because solar and wind were idle because of no sun and wind.
8. See #7. The weather in northwest Europe is historically bad, especially in winter.
9. Let's see, if someone needs cheap energy and there isn't any where they are, someone will build it where there is some. China and India are building it. Germany is building it. When Dow Chemical needs a plant to they will not build it where energy and regulation costs are high. Supply and demand at work. They will do it where emission regulations are not stringent as ours. I have a customer who use to be the post child for SCAQMD...they took people to see their fiberglass gel coat operation. AQMD came in one day tried fine them, they had exceed their daily quota a few days but were well within their yearly quota. Long story, short, most of their operation is now in Mexico, where they are using chemical long banned in California to make better products than they could make in California...Adidos a couple hundred jobs. Businesses will do what is best for their business be it Dow Chemical, the Weinstein Bros. or the small Fiberglass shop. I don't know what the buggy whip company will do.
Again, I have no problem with solar energy when it is competitive with others types.
BTW, what is going to happen to those plants in Germany when the population declines to 60 million mid century and there is one worker for one benefit recipient? Sometime before that the subsidy will go away and these plants will have to compete with lignite. The welfare state depends on expanding populations for handing out the goodies to their friends.
Hmmm...and from one of the PIGS...http://tinyurl.com/qgw7j62
See the next to the last paragraph.
