After stepping in to bailout Iceland, Putin says, "We have 3rd largest oil reserve in the world and we are going to sit on it."
After all if people are willing to sell, it will go up and become more and more scarce.
Instead of bringing down the cost of filling up SUVs by pennies, why not hoard until it gets over $300 a barrel. When we need it for security.
This drill now mentality and pump it into the world energy market is insane.
At some point, we should think of the future and more than ourselves. I do not have kids, but we are screwing them and their children's children really bad.
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Russia Gets It
Moderator: Jim O'Bryan
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Russia Gets It
Jim O'Bryan
Lakewood Resident
"The very act of observing disturbs the system."
Werner Heisenberg
"If anything I've said seems useful to you, I'm glad.
If not, don't worry. Just forget about it."
His Holiness The Dalai Lama
Lakewood Resident
"The very act of observing disturbs the system."
Werner Heisenberg
"If anything I've said seems useful to you, I'm glad.
If not, don't worry. Just forget about it."
His Holiness The Dalai Lama