TheRealMafoo on 23 June 2009
| akuma587 said: Really the only smart answer when it comes to energy is to use everything: solar, nuclear, wind, geothermal, etc. We can use oil and coal as a holdover, but we should really be doing everything in our power to move away from each as both have significant costs. Oil creates more problems for our economy than just about anything else, and is one of the leading reasons why the dollar depreciates with respect to other currencies. The dollar is pegged to oil. OPEC does everything in their power to keep oil prices high. This ends up screwing up the currency. Coal at least doesn't cause those kinds of problems, but it has plenty of other baggage along with it. It really is the least attractive of all the available fuel sources we have. |
http://tonto.eia.doe.gov/dnav/pet/pet_move_impcus_a2_nus_ep00_im0_mbblpd_a.htm
OPEC is less then half of our import. There is no way you can tie the value of our dollar to the price OPEC sets for oil.
The value of our dollar is tied to the value of the assets of the US in comparison to how many dollars we have. Doing things like spending trillions of dollars we don't have is what effects the dollar. That, and a 1.3 trillion in lose of US value.
Not how much someone else sets for a product we buy.
