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| Trump plan to boost oil, coal could send prices lower | |
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| Topic Started: Nov 15 2016, 02:35 PM (214 Views) | |
| Phoenix One UK | Nov 15 2016, 02:35 PM Post #1 |
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Regular Member
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I can see the pros and cons for this, and expect environmentalists will be up in arms over it, which would not include me. I never did buy into the argument that man is responsible for global cooling, warming, and now climate change. However, I do accept that much of this had been at expense of harming our own planet with pollution a problem that needs addressing. That aside, I also see the merits of using coal again, as that industry had come a long way in improving such pollution. I should further add that the UK, especially Wales, possesses a great supply of coal. Enough to not only meets the UKs energy demands, but provide another export market for the country. |
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| RoofGardener | Nov 15 2016, 07:26 PM Post #2 |
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Lord of Plantpots
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Hmmm..... if the USA "boosted its oil and gas (and coal) sector" ... how much practical impact would that have on their fuel imports ? I would have thought it would take quite a long time to "boost" those sectors ? I could imagine that in the short term the commodity brokers would panic, along with the markets, but... would that panic last beyond a couple of weeks or months ? |
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| Dan1989 | Nov 15 2016, 08:10 PM Post #3 |
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Regular Member
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Fracking has reduced their need for overseas gas, it seems to be a big push in America for them to be more independent, so not relying on outside sources. Edited by Dan1989, Nov 15 2016, 08:11 PM.
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| Rich | Nov 15 2016, 09:42 PM Post #4 |
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Senior Member
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And that is precisely what we should be doing. |
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| johnofgwent | Nov 16 2016, 09:22 AM Post #5 |
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It .. It is GREEN !!
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well, if you had to declare war on a country to stop a less than friendly superpower acquiring its oil reserves by a back door pipeline, wouldn't it make you a little more inward looking for solutions to your energy needs ?? |
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2:47 PM Jul 11