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This page contains all of the posts and discussion on MemeStreams referencing the following web page: Energy Impasse - New York Times. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.

Energy Impasse - New York Times
by janelane at 1:37 pm EST, Jan 15, 2006

"There's no shock absorber left," says Gal Luft, executive director of the Institute for the Analysis of Global Security. "That leaves us with zero options when it comes to leverage against these oil producers. Why do you think Hugo Chavez is so emboldened? Why do you think Ahmadinejad is saying, 'Go ahead, make my day?' "

Clearly, becoming less dependent on foreign sources should be among the West's - and most especially America's - most urgent priorities. But not in the way that President Bush and Vice President Dick Cheney seem to prefer, which is to try to drill our way out of dependency - an utterly impossible task for a country that uses one-fourth of the world's oil while possessing only 3 percent of its reserves, and whose once-abundant supplies of natural gas are now severely stressed. A much better answer would be a national commitment to more efficient vehicles and to the rapid deployment of new energy sources like biofuels.

America cannot win President Bush's much-vaunted war on terrorism as long as it is sending billions of dollars abroad for oil purchases every day. It cannot establish democracy in the Middle East because governments rich in oil revenue do not want democracy. And it will never have the geopolitical leverage it needs as long as it is dependent on unstable foreign sources for fuel.

If any of you are still wondering about the validity of the Bush-Cheney energy policy, this article sums the inanity of it up nicely.

-janelane, energy goddess


Energy Impasse - New York Times
by Lost at 12:35 am EST, Jan 16, 2006

Well, slapping Iran with sanctions could very likely prompt Mr. Ahmadinejad and company to cut oil production in retaliation. Once upon a time, a drop in production from one OPEC member could be absorbed by the rest of the cartel. But today's global oil market is so tight, there is little spare capacity left. Any drop in production from a supplier can quickly send the price of oil soaring. "There's no shock absorber left," says Gal Luft, executive director of the Institute for the Analysis of Global Security. "That leaves us with zero options when it comes to leverage against these oil producers. Why do you think Hugo Ch�vez is so emboldened? Why do you think Ahmadinejad is saying, 'Go ahead, make my day?' "


 
 
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