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Originally Posted by Boerseun
So what gives with the price of fuel? 
So what's the actual story? Have we passed Hubbert's Peak? Is there any hope in sight for lowered prices? Or are we being sucked dry by Big Oil? |
I think you already know the answer to that.
They can charge what they want, within the high spectrum of reasoning.
Its simple supply/demand economics.
Yes, we are going to be bled dry. As economies in India and China expand and modernize, they will be competing for the same resource. If we, in the West, are willing to pay more, then we will continue to get the Fuel...
The good thing is that this will furiously spur on Alternatives, and we are beginning to see real application of those alternatives
and hopefully soon, actual implementation.
Whats the Big Mac index at??
Profits above all else,
Rac
