Juan Garofalo wrote:

> Sorry. Energy prices do not reflect reality [...]

What is the "reality" that any price should reflect? What/who determines
whether any price is real? 

> Fiat money is a fraud 

I suspect you're talking about money that's not based on gold. Now if
energy prices don't reflect that claimed but still obscure "reality", how
come that a gold price, derived through the same mechanisms, would reflect
any more "reality"?

> 2) The production of energy [...]

Now I would like to see this "production of energy" happening -- that could
be the end of our problems :)

> [...] is being hampered to suit 'green' leftie regulations...and 'green'
> voters.

What are "'green' leftie regulations"? And what are "'green' voters"? How
do they hamper the claimed "production of energy"? If whatever they want
suits them, and they are so many that this makes a difference, what is
wrong with that?

> 4) Oil sources are nationalized (communism).

They are naturally nationalized, just like water sources and most other
liquid resources. It is technically very difficult and sometimes impossible
to retrieve oil/water/etc only from within the limits of your own property.
If you drill down on your property and extract a liquid, you extract that
liquid also from below my property. Unless you regard such a resource as
"common" (a more correct term than "communism") and set up some regulations
that you in fact may take liquid from under my property, you practically
can't extract at all, because I might not want to let you extract oil from
under my property. One single owner of a property on an oil field who
doesn't want to sell "his" oil could prevent extraction of the whole oil
field. That's why such resources are naturally "common" -- they are not
divisible.

Still don't want "common" oil fields?

> So the price of energy is daylight robery. In a REAL free-market energy
> would be  WAY cheaper.

No. It would be way more expensive, as you would have to pay the owners of
the resource. Right now, you get this all for free, because it is
considered "common".

> Economics is not an engineering problem. 

Not necessarily, depends on the approach. But applying logic doesn't hurt
either :)

Gerhard

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