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Originally Posted by NeilBlanchard
We are paying a lot more than the pump price for oil. Try much of our military budget for a start. Then, take a look at the Gulf of Mexico, and Prince William Sound, AK and all the areas around oil refineries, and to smog and the myriad of health problems it causes.
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"The sky is falling!"
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The overall trend of gasoline price will always be up.
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That's called inflation.
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Oil is finite, by definition.
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So is everything else. So what?
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We are past peak oil. I know this because we have started to use the lowest quality, tar sands, etc.
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That's another
non sequitur conclusion.
The quality of the source of petroleum does not matter. They DO refine it, you know.