Reply #12: I agree with you. [View All]

[Andy823]

If we were at "peak oil" then one would think that governments all over the world would be "rationing" fuel, not allowing it to be used for anything that was not essential to survive, at least till the came up with an alternative fuel. You hear about the oil sands in Canada, the rock shale in the U.S. and how they make mid east oil fields look small in comparison. They say that in a few years the will be putting out all kinds of oil from oil sand and oil shale. Oil had to get over something like $60 a barrel to make it profitable, and it's twice that now.

I agree it's more greed than peak oil! As long as they can keep on screwing the people, big oil will keep on raising the price to fill their own pockets, and keep on making excuses for why they are doing so. Hell, when their "PROFITS" are 36 BILLION, you know they are screwing us and laughing all the way to the bank. It's like the Enron scandal, they manufactured the "energy shortages", and the oil companies are doing the same damn thing, but on a bigger scale!