But, according to the article I just read, he agrees with what I've been saying all along; the price of oil is being kept artificially high to soothe the fears of the EnviroNazis!
Well, it doesn't say THAT exactly, but it DOES say that the price trend we've seen lately is "fake and imposed" and that there's absolutely no reason, given current market forces, for the price to be where it is.
Anyone seen Al Gore lately?
Look, what's going on with the reduction of consumption is normal and natural and should have happened a long time ago. The world, particularly the United States, has guzzled down oil like there's no tomorrow and, as supplies dwindled, it was only normal for prices to creep higher and higher.
What we've seen lately is no "creep," though. It's been an "explosion," and it's causing a huge amount of suffering here and elsewhere.
I don't know where all the extra money is going, but I doubt that it's being funneled into carbon reclamation plants!
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