cynical and disgusted

The Cheap Oil Syndrome: 3 Stocks to Benefit

First, let me point out that it is true that the "radical greens" have increased the price of energy throughout this country. However, having visited china recently, I have seen first hand the cost of not having environmental regulation.

Second, It is probably not true that we are experiencing high oil prices due to the lack of production of oil or other energies. We produce a huge amount of energy. We consume and waste more than any other nation. Our sole national energy policy for the past half century (since it became obvious that we were going to become an oil importer) has been to encourage consumption with new highways, new construction building homes further into the farmlands, and the puchase of new out sized and inefficient vehicles.

Currently Mexico has seen it production capacity decrease, as has Norway, England, US, Iraq and just this week Russia. Interestingly Saudi Arabia's production is more than 1.5 million bpd below its peak production - though they claim that planned. How many of the worlds biggest producers will go through the same thing before we realize that it is inevitable and stop blaming oil companies, Arabs, or environmentalist and come up with a plan to help us conserve and use alternative sources.