Quote:
Originally Posted by NeilBlanchard
The overall trend of gasoline price will always be up. Oil is finite, by definition. We are past peak oil. I know this because we have started to use the lowest quality, tar sands, etc.
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I agree about Peak Oil but the oil we are using is not the lowest quality available, its just cheaper to get at and refine that any good quality left.
If people want lower prices how are you going to get them ? Whatever can be extracted locally in the US or North Sea is very small compared to the Middle East. Military perhaps ? I think China may have a few words on that one and will be happy to go toe to toe with anyone to get what they need.