Quote:
Originally Posted by PR_Glen
it's more than just that, our dollar is doing really well lately and our gas prices are the highest ever...
I'm not sure about any conspiracies.. but they definitely take advantage of setting oil prices.. there is no supply and demand issue, there is plenty of oil on this planet to last us (even at this rate) thousands of years... The point is we should find something more economical and lest wasteful, we have the technology already. If it doesn't happen in the US another country will do it first and they/we will be playing catch up...
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It is about supply and demand. Just because their is oil in the ground doesn't mean it equates to supply. Also, different types of oil exist and the costs to refine / deliver it varies. Take your oil sands as an example.
I agree that new technologies should be pursued further and that more money should be put into them, but it is simply economics. Oil is just still too cheap and other technologies are just still too expensive.
It's a shame in a way that these short term concerns outweigh the long term costs / benefits.
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