NJ5 on 09 October 2008
| Soleron said: Yes... we should do those things too (assuming domestic drilling has a benefit before 2030 as the OP's article states). I just meant that the best thing in the long term for our energy/environmental crisis would be higher oil prices, not lower, because it would encourage research.
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Oil is definitely too cheap right now, and this causes people not to appreciate its value, thereby wasting it.
1 gallon of gasoline is equivalent in energetical output to 7 human slaves working for a whole day... You can buy that for $3 or $4 right now, which is nowhere near expensive IMO.
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