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Re: Massive Oil Deposit could Increase US reserves by 10x
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Place a substantial consumption tax on fuel now and direct the revenue to alternative energy sources R&D in a Manhattan Project style effort. The longer we wait, the more economic damage we're going to experience at the consumer level which drives our economy. At some point in the near future we're headed towards much higher fuel prices from market forces and a required general increase in taxes including fuel, which will be traditionally diverted to the general fund for politicians to buy votes through distribution of public money to special interests. By then, there will be no way to correct our consumption level other than economic disaster. |
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Re: Massive Oil Deposit could Increase US reserves by 10x
Quite right. As soon as it becomes profitable to go green, they will. In fact, this whole going green thing I think is going to make a lot of people rich.
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http://www.fairtax.org Elminate all taxes on income and replace with a national sales tax. |
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Re: Massive Oil Deposit could Increase US reserves by 10x
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And since when do americans criticize people for making money (even if they are convinced it is based in lies or it is harmful to someone else)? BTW, the majority of americans already accept that AGW is a reality, and they have for quite some time now. Long before Al Gore became the bogeyman for skeptics. Andrew
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Ethanol is a fabulous solution to our energy dilemma because it will provide more fuel for us to drive around and look for food. -- Unknown |
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Re: Massive Oil Deposit could Increase US reserves by 10x
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I think the majority of Americans believe warming has happened but I don't think the majority of them think it's from CO2. Kramer
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“It's time to admit that public education operates like a planned economy, a bureaucratic system in which everybody's role is spelled out in advance and there are few incentives for innovation and productivity. It's no surprise that our school system doesn't improve; it more resembles the communist economy than our own market economy." Albert Shanker, former president of the American Federation of Teachers |
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Re: Massive Oil Deposit could Increase US reserves by 10x
Geothermal IMO use internal heat of the earth to generate power.
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Re: Massive Oil Deposit could Increase US reserves by 10x
One problem with that is that its not found everywhere, so it would have to be transported. The technology doesnt quite exist yet to make enough energy either. Nuclear however is proven and efficient.
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http://www.fairtax.org Elminate all taxes on income and replace with a national sales tax. |
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Re: Massive Oil Deposit could Increase US reserves by 10x
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Demand for chinese recources is insatiable .. they're going to have to invest heavily in exploration and consequentially geoscience. If it happens, I think it will be the chinese who do it. In the meantime as a supplement geothermal is definently a reality. |
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Re: Massive Oil Deposit could Increase US reserves by 10x
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http://www.fairtax.org Elminate all taxes on income and replace with a national sales tax. |
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Re: Massive Oil Deposit could Increase US reserves by 10x
Here's an idea: we nationalize the oil deposit in North Dakota, then set up a publicly owned non-stock, non-profit corporation to obtain the oil and refine it into gasoline, then sell the gasoline to our people at cost.
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Re: Massive Oil Deposit could Increase US reserves by 10x
Like what, for instance?
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Re: Massive Oil Deposit could Increase US reserves by 10x
Bad idea, as it would allow unfair competition between the country and private companies. Not to mention its theft of NDs resources.
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http://www.fairtax.org Elminate all taxes on income and replace with a national sales tax. |
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