DislikedI have done my research that's why I'm going back to school and taking alternate energy systems this coming fall. Yes I agree there is enough oil/natural gas in the earth to last a very long long time but that doesn't mean we're able to get at it and the harder it is to get at the more it cost to get it. the fact is there is lots of oil right now without finding more and the price is high right now and not based on supply and demand.Ignored
While I definitely agree that speculators are now driving the price higher than it really should be......(not to mention the $ and inflation problems)There have been oil speculators for decades now, I wonder why they weren't able to do this before now? How long did oil stay around $20/barrel? Did they just suddenly discover how the manipulate the market and get rich only lately? Please.
Believe it or not, there are trillions of barrels available with current technology....not to mention the trillions in shale oil.