Is $21 per barrel not cheap? Read my post, and check the links - we could produce for that. Peak oil - either as low cost or total reserves - is a myth. The reason we have $82 per barrel oil is because of political, not scientific, reasons.
Exactly.
Thanx for your home page, PSS.
Price is volatile. Regardless of how the price comes to be, I believe there will be Peak CHEAP Oil in the future ... and that has major ramifications for all humans on the planet.
How true. Too much personal freedom would be the result of tapping into an ample domestic supply of oil and $0.75/gallon gasoline. That’s the last thing nanny state pols want.