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International trade and markets trump local needs

September 4, 2011 by Rabbi Bob 3 Comments

While our federal or state government may want to take a protectionist stance on this issue, I don’t think it meshes with the global nature of the market. The reality is that natural gas is a commodity that will be shuttled around the world to the best (highest-paying) markets, in the current system.

This same scenario is being played out with other fossil fuels (i.e. coal and tar sands oil) as we strive to extract the last bits all over the earth. Unfortunately, the U.S. and Canada are blessed with lots of these essential commodities, and we will inevitably suffer from exploiting them.

Filed Under: Nature, Politics, ULE

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