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PeakOil is You

PeakOil is You

Conserving Oil is No Longer an Economic Imperative for U.S.

How to save energy through both societal and individual actions.

Re: Conserving Oil is No Longer an Economic Imperative for U

Unread postby Outcast_Searcher » Sat 03 Apr 2021, 12:15:52

jedrider wrote:
Cog wrote:Where does the Constitution specify the role of government is to set mpg standards? I'll wait while you look it up. The market will set the price point at which consumers will either buy or find an alternative.


That worked out very well for Texas, didn't it Cog?



Let's pretend Texas SCREWING UP and having no decent regulation, backup plan, etc. to prevent the fiasco -- which had shown multiple signs of being a problem in other cold snaps in recent decades, means there's no place for free markets. :roll:

In reality, the way it works in the first world 99% of the time is a combination of competitive markets AND a modicum of regulation, and while imperfect, the system generally works reasonably well over time. It's called balance, and Texas and Texans should learn about the concept.

And the Texas consumers crying about their bills SIGNED UP for that disaster (re the potential sky high bills at times) -- and now, of course, expect everyone else to bail them out. And of course, leftist politicians will try to buy votes by doing that -- for the supposed Texas rugged individualists trying to be cheapskates on their energy bills.

The US could do with a hell of a lot more of personal responsibility being part of the consequence of decisions. As we continue to take that away by punishing the responsible people with more taxes to promote the nanny state, the US growth rate will look more and more like moribund western Europe.

And of course, the left will claim that, magically, it's all the GOP's fault. :o

The GOP could use a hell of a lot more science reality. The dems could use a hell of a lot more reality re economics, incentives, and consequences.
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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