June 28, 2008
JERRY POURNELLE ON SHORT-TERM THINKING:
Five years ago we were told that increased refinery and oil pumping capability in the US would do no good because it would take five years for those to affect gas pump prices. Query: if we had greatly increased supply over the past five years, would not oil be at about $75/bbl, still high, but not headed to $200? And if we do nothing to increase supply now, where will oil go? . . . We are in a time of national emergency, but it does not affect the politicians, who continue business as usual.
My response to those who say that increased drilling is pointless because it won’t yield immediate results — like Arnold Schwarzenegger –is why worry about the greenhouse effect, then? Nothing we do will cool the planet immediately. Yet we’re told immediate action there is vital. In fact, we’re told that by none other than Arnold Schwarzenegger, in the very same speech.
UPDATE: TigerHawk: “One would have thought that this point was so obvious it would not have to be made at all.”
You can never be too obvious, it seems.