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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (385428)5/21/2008 1:51:49 AM
From: i-node  Read Replies (2) of 1575173
 
>> The price of oil is up 30% since the beginning of the year. I think its time to sweat it.

Damn. You just don't get it.

The price of oil isn't high because demand outstrips the reserves. Or because demand outstrips what can be pumped out of the ground.

It is high because it is controlled by a cartel.

High oil prices, more than any other thing, will insure the rapid development of alternative energy sources. You should be rejoicing. Nissan is going to 60 models of electric vehicles by 2012.
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