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!