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Wednesday, July 09, 2008

Why Is Oil So Expensive?

If you ever heard of Peak Oil, then consider than oil may indeed have peaked or be very near to doing so, regarless of all the drilling in the habitat of endangered species you may do. In such a situation, would not the Oil people, the OPEC countries, Exxon, Amoco, et allii of the oil producing industries, George Bush, and all of his ilk...would it not be in their interests to max out profits starting right now, continuing for the next few years or so, until other sources of energy have taken over from increasingly declining oil? Of course they would. Did they? Or, are they doing so right now? Exclusive: Ex-UK Army Chief in Iraq Confirms Peak Oil Motive for War; Praises Fraudulent Reconstruction Programmes Tuesday, June 17, 2008 http://nafeez.blogspot.com/ read the section World Oil Shortage

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