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We can all play the armchair general and spell out what we think it best. You might even be right. But what if you are not. What if we let the decision be up to a committee of congressmen and they were not right? No. the decision cannot be left up to any p[erson or group who will be swayed by politics, and will never have all the data they need to make the best decision.The free market is the only sytem in which a perfect decision will eventually be arrived at. Whichever combination of energy sources and conservation techniques work best will occur!!Now we all know that our politicians will tinker with things. So here is a half baked idea...I don't know if it has any value but I am sure that many minds debating it can decide...You all remember that once our country was on the gold standard. If the price if gold went up the value of the dollar went up too. Of course if it went down so did the value of the dollar.And you all know that the gold standard was an arbitrary decision to start and to stop. So why not set our economy on the oil standard. The price of oil is not going to go down any time soon. Let the price of the dollar be pegged to the price of oil. When the price of oil goes up so will the value of the dollar. At least for the US this will effectively freeze the price of gas. We could freeze it right where it is at now. High enough so that there is an incentive to explore alternatives but low enough so that our economy does not suffer too much.
We can all play the armchair general and spell out what we think it best. You might even be right. But what if you are not. What if we let the decision be up to a committee of congressmen and they were not right? No. the decision cannot be left up to any p[erson or group who will be swayed by politics, and will never have all the data they need to make the best decision.
The free market is the only sytem in which a perfect decision will eventually be arrived at. Whichever combination of energy sources and conservation techniques work best will occur!!
Now we all know that our politicians will tinker with things. So here is a half baked idea...I don't know if it has any value but I am sure that many minds debating it can decide...
You all remember that once our country was on the gold standard. If the price if gold went up the value of the dollar went up too. Of course if it went down so did the value of the dollar.
And you all know that the gold standard was an arbitrary decision to start and to stop. So why not set our economy on the oil standard. The price of oil is not going to go down any time soon. Let the price of the dollar be pegged to the price of oil. When the price of oil goes up so will the value of the dollar. At least for the US this will effectively freeze the price of gas. We could freeze it right where it is at now. High enough so that there is an incentive to explore alternatives but low enough so that our economy does not suffer too much.
