Thursday, March 10, 2005
Who's Gaming Oil?
Who's Gaming Oil?
Ran across this blog and immediately subscribed. I'm not sure who's running it or what their motivation might be, but it appears to be a fairly good roll up of recent stories on the oil price rise. More fundamental than even proliferation, I believe that oil will be the most dangerous and destabilizing factor in the world in the next decade. I suppose it's possible that it already has been. Though I talked briefly about this before, it feels like one of two things are happening right now: one, we're having trouble finding enough oil to meet our needs and this will be only exacerabated when India and China get fully up to speed; or, two, somebody is making some change through speculation and artificial shortages a la the energy market in 2001. Whether or not it is artificial, we are sitting on a finite amount of energy in the form of oil, and we had better get on a horse and start looking to diversify either now or in the near future. I don't care how much drilling you do in the Gulf or in Alaska, you can only get so much oil!
Ran across this blog and immediately subscribed. I'm not sure who's running it or what their motivation might be, but it appears to be a fairly good roll up of recent stories on the oil price rise. More fundamental than even proliferation, I believe that oil will be the most dangerous and destabilizing factor in the world in the next decade. I suppose it's possible that it already has been. Though I talked briefly about this before, it feels like one of two things are happening right now: one, we're having trouble finding enough oil to meet our needs and this will be only exacerabated when India and China get fully up to speed; or, two, somebody is making some change through speculation and artificial shortages a la the energy market in 2001. Whether or not it is artificial, we are sitting on a finite amount of energy in the form of oil, and we had better get on a horse and start looking to diversify either now or in the near future. I don't care how much drilling you do in the Gulf or in Alaska, you can only get so much oil!
posted by Iron Yuppie
3/10/2005 04:27:00 PM
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