http://www.apostlesandmarkets.com/2008/10/20/what-should-be-done-about-excessive-oil-profits/ Christianity and Economics Tue, 09 Mar 2010 17:42:18 -0700 http://wordpress.org/?v=2.9 hourly 1 http://www.apostlesandmarkets.com/2008/10/20/what-should-be-done-about-excessive-oil-profits/comment-page-1/#comment-7 Stephen Haessler Tue, 21 Oct 2008 22:39:46 +0000 http://www.apostlesandmarkets.com/?p=277#comment-7 As oil prices increase, the relative price of alternative sources of energy changes, making some of those alternatives more cost effective. So, si. Interesting article in today's WSJ on how Thailand is trying to get more people to convert cars to natural gas fuel. "As oil prices climbed in 2004, the Thai government stepped up efforts to promote alternative fuels, including ethanol and compressed natural gas, or CNG." See http://online.wsj.com/article/SB122454641299552177.html As oil prices increase, the relative price of alternative sources of energy changes, making some of those alternatives more cost effective. So, si. Interesting article in today’s WSJ on how Thailand is trying to get more people to convert cars to natural gas fuel. “As oil prices climbed in 2004, the Thai government stepped up efforts to promote alternative fuels, including ethanol and compressed natural gas, or CNG.” See
http://online.wsj.com/article/SB122454641299552177.html

]]> http://www.apostlesandmarkets.com/2008/10/20/what-should-be-done-about-excessive-oil-profits/comment-page-1/#comment-6 Taiko Tue, 21 Oct 2008 22:16:54 +0000 http://www.apostlesandmarkets.com/?p=277#comment-6 Higher prices of oil/petrol-products will also drive the alternative energy market. Higher profits for the oil companies can actually lead to more accessibility to fuel cell technology, etc. Si, no? Higher prices of oil/petrol-products will also drive the alternative energy market. Higher profits for the oil companies can actually lead to more accessibility to fuel cell technology, etc. Si, no?

]]>