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Wednesday, June 18, 2008 12:00 AM

Gas prices and offshore drilling

Not much is at stake on Election Day 2008. Just the long-term health of the global economy and the future of the planet. That's what the offshore drilling debate is all about.

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  • Wednesday, June 18, 2008 02:07 PM

    Actually, long term, I think we're going to need to really look at upgrading electrical grid and efficiency ...

    I live in propane country. Lots of the country lives in heating oil country and/or big grid natural gas.

    As oil prices drive up heating prices, electricity will have to fill-in ... likely to bump demand to summer air conditioning levels if not beyond.

    Bumped heating prices affects everyone -- more or less -- including children, the disabled, the retired, and others and -- unlike gasoline consumption -- is much harder to cut-back on, or be more efficient with -- price climbs over the last few years have probably effect most of the low-hanging-fruid wrt efficiency.

    I know it's only June, but Fall and Winter will see a whole other face of "the oil crisis"

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