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egoldsteinfollowshare
8-9-2006 7:22 PM
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egoldstein says:
We're really doing a great job of keeping things tight here in the U.S. Maybe if a little more money and resources were being spent here at home we'd be in better shape.
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8-9-2006 9:38 PM
rmowery
But Eric - with this pipeline shutdown we will be spending a lot more money and resource here at home - our gas prices, electric, food, etc. will all be going up and thus we can spend lots more money
8-9-2006 10:15 PM
willhelm
We're really doing a great job of keeping things tight here in the U.S. Maybe if a little more money and resources were being spent here at home we'd be in better shape.

Last I heard BP was a private company.

Perhaps this is a defensive measure (a cover). Everyone knows oil is not a corrosive. right?
8-11-2006 11:58 AM
enbar
Energy companies are famous for not investing money in long-term upkeep of infrastructure, since there is little short-term profit and stock-market gain to be had there. It's true for the electrical grid too - I remember reading somewhere, I think it was in Kunstler's "Long Emergency" (amazon.com/o/ASIN/0802142494) but I can't source this definitely - that many experts expect key components of our electrical transmission infrastructure to begin failing in the near future, because people have been betting on the sudden emergence of a new technology to replace it (think household-size fuel-cell generators).
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