Sunny Days in Heaven
Spiritual/Political/Philosophical Blog on the Nature of Truth and Falsehood and Heaven


Thursday, March 14, 2002  

Econ 101 not for the Bee

Liz Ruskin in Washington tells us that the vote in the Senate against new fuel rules on cars "was a blow for environmentalists, who said the rules would have saved far more oil than is believed to lie under the coastal plain of Alaska's Arctic National Wildlife Refuge."


What she doesn't tell us is that oil in the ground has no value and can't be "saved"; anymore than we save iron by leaving iron ore in the ground. Something must have value before it can be saved like money.

Nor do you save oil by making me pay more for it, since the implication is that there is some good in not using it. You might make the case that not using it improves the environment and "saves" the atmosphere of the planet, but that only works if the alternatives to oil are more satisfying and helpful to people than cars and oil.

By the same token - you can "save" oxygen by not breathing, thus, not converting it to carbon dioxide, but you haven't done yourself any good if your desire is to keep living.

posted by Mark Butterworth | 4:33 PM |

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