a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment by cgod
cgod  ·  4614 days ago  ·  link  ·    ·  parent  ·  post: Heh, promise kept
Expanded domestic production of oil can't do much to change the price at the pump (a few cents would be and optimistic forecast) because oil is a global commodity for which the price is set by a syndicate (OPEC). We can never drill our way out of high gas prices. Alternative fuels will in most cases continue to have small effects on energy prices as long as they are a small part of our energy mix.

Nuclear might be good if we could provide in on a grand scale, but I don't think that even the most optimistic forecast for nuclear are close to what would be needed to change energy prices in a significant manner.