Nine Oil and Gas Explorers and Drillers to Pump Up Your Portfolio [View article]
Oil is becoming scarcer and more expensive to get at. Demand is also rising, therefore the price will continue to go up until we reach the point that we can't pay for all we want anymore. Bottom Line: We have began the downward spiral in the which the American lifestyle will begin to to look more like Europe, and then downhill from there. It's going to hurt alot. The big question? Will we accept it and tranfer our wealth to OPEC, or go to war and take it away. My guess is the later. Sorry, there is no technological fix, and renwables won't cut it.
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Oil is becoming scarcer and more expensive to get at. Demand is also rising, therefore the price will continue to go up until we reach the point that we can't pay for all we want anymore. Bottom Line: We have began the downward spiral in the which the American lifestyle will begin to to look more like Europe, and then downhill from there. It's going to hurt alot. The big question? Will we accept it and tranfer our wealth to OPEC, or go to war and take it away. My guess is the later. Sorry, there is no technological fix, and renwables won't cut it.
Mar 12 12:12 pm
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All Comments by Maurice Roulee »Nine Oil and Gas Explorers and Drillers to Pump Up Your Portfolio [View article]