Some, rather many of these comments read as if there is a huge hang over prevalent in our land.
We are facing a real energy crisis. Too many of these "comments" strongly suggest otherwise. If and when the too likely scenario of a significant disruption of the primary supply of crude in the middle east occurs, last summer's prices will look like the "good old days".
We don't need to wait on OPEC to get a workable production reduction agreement to double the present price to $70-$80 per barrell. They will get it sooner than later, and that success might well entice them to keep driving the price higher. If the world economy was not in the state of collapse that it now is OPEC would already have turned the screws on us. Their intent is to wring every last penney out of us, pure and simple. We beat them (along with the rest of the industrialized world0 to the punch by all falling into an economic black hole and ultimately reducing demand. Some consolation.
Geopolitical wars and environmental destruction coupled with economic ruin are the apocalyptic brothers of "cheap oil"
America needs to do better, and sooner than later.
Why We Need Higher Gas Prices [View article]
We are facing a real energy crisis. Too many of these "comments" strongly suggest otherwise. If and when the too likely scenario of a significant disruption of the primary supply of crude in the middle east occurs, last summer's prices will look like the "good old days".
We don't need to wait on OPEC to get a workable production reduction agreement to double the present price to $70-$80 per barrell. They will get it sooner than later, and that success might well entice them to keep driving the price higher. If the world economy was not in the state of collapse that it now is OPEC would already have turned the screws on us. Their intent is to wring every last penney out of us, pure and simple. We beat them (along with the rest of the industrialized world0 to the punch by all falling into an economic black hole and ultimately reducing demand. Some consolation.
Geopolitical wars and environmental destruction coupled with economic ruin are the apocalyptic brothers of "cheap oil"
America needs to do better, and sooner than later.