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59 comments on Ideas about the Future of Energy in the US (from our Industry Insider and Prof. Goose)

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greeny on September 1, 2005 - 7:58am Permalink | Subthread | Parent | Comments top
lou i like your post but you barely covered the fun stuff

like in the next few months the hording will start slowly
but surely.  the news reporters will find one guy in the
middle of nowhere who is hording and hype it up so everyone
get scared and the corporations will start advertising to the
market and say we have afforable gas storage solutions.

then democrats will start calling for more legislation but
Bush Jr. will say he is to busy helping people in the south
to deal with another partisan attack.  

in 6 months the only policy change will be that Bush Jr.
makes a promise to increase the capacity of the SPR

or maybe Bush Jr. will say this is why we need iraq oil
more or iran oil more.  

anyone wanna bet that with all the national guard gone private
corps. get contracts to rebuild?

"devistation is oppurtunity" from the movie the corporation
(www.thecorporation.com)

sorry if i missed something but why is nobody talking about the
indonesian currency drop.  all the poor countries are losing
it and rich countries are out bidding them and if there is any
large sacle long term economic problems they will only come from
the poor countires (or the ignorant irrational consumer panic)

(and for us USA citizens - how many have written their reps?)

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Eroie Van Tanstaafl on September 1, 2005 - 9:17am Permalink | Subthread | Parent | Comments top
re: Indonesia

Because the answer is obvious: Indonesia has subsidized energy too mch for too long and the markets know it.  In Indonesia, gas is something like 80 cents a gallon!  If the government tries to continue that subsidy, it'll go broke.  When it hikes the gas price enough to stop the fiscal bleeding, the economy will slow abruptly.  In either case, Indonesia is hosed for the short term and investors pulling out while they still can.

One bright side: Indonesian domestic consumption will have to fall sharply, and that puts more oil back on the world markets.  Especially if Indonesia resorts to being a net oil exporter.

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59 comments on Ideas about the Future of Energy in the US (from our Industry Insider and Prof. Goose)

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