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Originally Posted by SUBMAN1
As for the countries reserves, they shouldn't be touched except in time of crisis. Having expensive gas is not considered a crisis in my book.
-S
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I'll agree that those projects definitely need to be looked at again. Especially coal. As far as expensive gas goes, at some point the price of gas will hinder the ability to deliver goods and services across different sectors of the economy efficiently, and in a cost effective manner. At some point we could see downturns in investment which drive job growth and creation to become stagnant. And perhaps we'll see job losses. How much is a guess, but I can see where it could lead to a crisis if market forces do not correct to adjust for the increased prices at the pump. If we've got the resources, we should use them. Let the OPEC suppliers rot in hell.