Miscellaneous > The Lounge
Should the US government do anything about the financial crisis?
Lead Head:
--- Quote from: Calum on 26 October 2008, 00:13 ---yes, oil has dropped in price but not fuel costs, which rose a couple of months ago in anticipation of a rise in global fuel... somehow they seem to have forgotten to lower them this month by similar but converse logic.
--- End quote ---
Fuel prices are dropping like a rock here. From $3.45/gal about two months, to about $2.40/gal now
worker201:
Which in a weird sort of way is a bad thing, because it will reduce the pressure to come up with new fuel technologies and revolutionary social paradigms. Instead, we're going to just go back to being oil gluttons and wait for the next time prices spike, when we'll do the same thing all over again. Those who cannot remember the past get what they deserve.
SiMuLaCrUm:
What about all the "going green" stuff? Wouldn't that still push new fuel tech development?
worker201:
No. The only reason that stuff was being considered was that with the prices of oil so high, other technologies seemed competitive. With oil being cheap again, all that other stuff is too expensive. So the technology will just sit on the shelf until next time, when they can roll it out again.
I'm off to the dealership to buy a Hummer.
SiMuLaCrUm:
Ah, so the green stuff was all just a bit of a cover.
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