Quote:
Originally Posted by Robbie
I think you guys are right. Let's just leave all this oil and gas in the ground and see if we can come up with something new. In the meantime let's watch what happens when the cost of food goes through the roof as transporting it becomes more and more expensive with the price of fuel going up.
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This is already happening, and crude oil of course has countless implementations in the industry apart from petrol, basically there's oil in pretty much anything.
Once you produce for the price you want to produce (high) you're increasing the global cost of production.
Quote:
Originally Posted by Robbie
Talk about a tax on the middle class...
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Yet this is precisely what is happening already, and nobody has any reason whatsoever to change it (unless the oil industry as a strategic commodity would get nationalized).
Organizations such as OPEC weren't institutionalized to help the world, they were institutionalized to make the most money from oil in a cartel, that's where the rules are made, that's where the supply is regulated for someone to be able to make the most $$$.
Quote:
Originally Posted by Robbie
Or we could read this news report from May 2012 talking about the fact that oil companies have now made GIANT discoveries of oil right here in the U.S. that could make us energy independent and have no need to import oil.
http://www.usatoday.com/money/indust...NCE/54977254/1
Effectively buying us plenty of time to develop new technologies in green energy without having to make it so expensive to fill the tank for lower and middle class Americans (rich people don't care if it costs $100 to fill the tank) |
Do you really believe that the same companies that pretty much own the government would like the same government to put way, way more money into any other apart from just pseudo / politically justifiable pro-alternative energy research and agenda?
These Giant discoveries always "happen" with the right timing, not only that there's supposingly much, much more potential crude oil that can be drilled with the ever more modern technologies (that can again only be financed by those who have enough gold since they control the oil market).
It's that those who have the gold make the rules, and every move, anything that goes widespread in public media as a part of someone's political agenda simply has to make sense $$$ wise.
Once there would threaten a serious shift / political will towards alternative energies there may as well be yet another "giant discovery" to fullfill the political agenda of those, that were bought by the oil companies in the first place.
The US crowd will always hail to anyone who offers them 5c off gallon and more oil drilling, there you have the perfect synergy between those two - politics and oil industry.