Caving Montana
Should money be spent developing alternative fuel while oil is so abundant? (excerpt from article below)?
Larry Kudlow observes in National Review Online, neither presidential candidate seems to have grasped this. They’re still talking about “cap and trade,” which for all but the celebrity-wealthy means “get your cave now, because we’re headed back to the Stone Age.”
And as Kudlow explains, “Then there’s the oil nobody is talking about. The Bakken fields beneath North Dakota, Montana and Canada hold an estimated 400 billion barrels of oil. In comparison, Saudi Arabia’s biggest field, Gahawar, has an estimated 55 billion barrels, while ANWR has an estimated 10.4 billion barrels.”
The best way to lower the price of anything is to have competition. If we start having solar and other alternative fuels competing with oil, it will make oil cheaper.
(not to mention we won’t be screwed when the oil dries up in a hundred years or so)
Lick Creek Cave Montana