Re: RE: unreserved

2000-07-04 Thread Doug Henwood
Mark Jones wrote: >What is it with you guys and the Wall Street Journal? It's a daily newspaper for the U.S. business class, which, despite its prejudices (which the WSJ indulges for them on its edit page), wants to be well informed. I've always found it to be intelligent, well-written, and f

Re: Re: unreserved

2000-07-04 Thread Michael Perelman
Regarding Ken's assumption that higher prices will bring new energy forms on line, the first effect will be to open up fragile ecosystems to oil drilling, causing more problems elsewhere. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail

RE: Re: RE: unreserved

2000-07-04 Thread Mark Jones
Doug Henwood wrote: > > Why, what do you have against it? [the Wall St Jnl] 190bn bbls of non-existent Caspian crude, for one thing. Encouraging credulousness for another.

Re: Re: Re: unreserved

2000-07-04 Thread Ken Hanly
Why would not both happen simultaneously? And why do you assume that the drilling would be on fragile ecosystems? It would make extraction from large but low grade deposits such as the Alberta Tar Sands more economical and injection etc. that recovers more oil from wells that are running out. Ch

Re: Re: Re: unreserved

2000-07-05 Thread Jim Devine
At 06:28 PM 07/04/2000 -0700, you wrote: >Regarding Ken's assumption that higher prices will bring new energy forms >on line, >the first effect will be to open up fragile ecosystems to oil drilling, >causing more >problems elsewhere. if prices are high due to taxes, it shouldn't have this effec

Re: Re: Re: Re: unreserved

2000-07-04 Thread Michael Perelman
In the U.S., the oil industry is hungering after the California coast and Alaska. Ken Hanly wrote: > Why would not both happen simultaneously? And why do you assume that the drilling >would > be on fragile ecosystems? It would make extraction from large but low grade deposits > such as the Albe