tntgators

Forget $100 a Barrel - Oil Will Plummet to $30

The main advantage of fossil fuels is there relative ease of transportation.
We should be generating all US electricity from nuclear, which will increase fossil fuels supplies for other areas where they are best suited. Why are we burning up fossil fuels to generate electricity? Mainly because the environmentalists screwed the rest of us and while Europe was building reactors we were not building anything. All thermal power stations should be nuclear powered as this would be a great start at keeping dollars in America and out of OPEC

Oil Manipulations Exposed

Article was right in some areas but sounded like a pouting Democrat in others. Stick to facts and leave your political affiliation out of it and you would do better. Speculation is a big part of the problem, but so is a weak dollar, a Middle Eastern oil cartel, growing oil demand and peak or at least near peak oil production. Violence in Nigeria and third world governments who keep changing the rules, China, India, Mexico, Brazil, increased diesel consumption as compared to gasoline, increased plastic usage and increased fertilizer usage. The answer is not as simplistic as the author would lead you to believe.