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Thread: Where Do We Draw The Line?
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05-25-2012, 05:15 AM #16
I don't think the oil producers would be interested in such conditions. The traditional way it's done is they pay lump sum upfront for concession over the plot and then later on they look for oil there, may be develop it if it's profitable and sell it at market prices. The oil companies already have many years worth of oil in their concession portfolios, but they need more for afterwards.
The problem isn't production, but storage. Fossil fuels are still very cheap, so as long as they remain cheap there is really no need for alternatives. How cheap you may ask they need to be? Well, the real life data is that at about $150-$160/barrel people change their behavior and start decreasing their consumption sharply and switch to alternatives, so there is an upper limit where other technology takes over.
I know a doctor who is OBGYN. Doesn't take any insurance. Does really, really well. I mean, some doctors prioritize money to helping patients and decide they'll serve only those who can afford their services.
As far as term limits. Why are they necessary? Representatives are elected every two years, senators every 6 - if people don't want to change them, why would they want to impose limits themselves? I say american citizens ought to start pointing this particular finger at themselves, preferably on election day.