Re: oil price
We don't have a free market in oil any more - hence the problem. Here in the U.S. there are huge reserves of oil, natural gas, shale and high grade coal, which we are not permitted to get, in most cases, because our wonderful government is so in hock to radical environmentalists, (aka Commies). They have bought the scam of "global warming." Nuclear power is also frowned upon. Sooner or later this will change because even dimwits are going to figure out that you cannot grow an economy and promote a better lifestyle by limiting these resources. Oil fuels the world. It is the most efficient and economical product out there. And it will remain so until something viable comes in to replace it. Until then....viva oil! Even in these times, the market will work. There is a ceiling and it will be reached in the not too distant future.
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