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Does anyone else wonder about oil shortages? [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
mrcheerful Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-10-05 06:54 AM
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Does anyone else wonder about oil shortages?
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I'm just wondering if the oil execs aren't playing the DeBeers game with oil. From my understanding all the studies done on oil is by what oil execs put out there and the people who look for oil are paid by oil execs. i wonder if like DeBeers does with diamonds, if oil companies are limiting how much oil is released and sold. Remember during the 80's oil companies closed most of the refineries in penn, mich, and ohio. The only ones left arerigh in hurricane areas. Remember in 1974 oil execs were saying that oil would be used up by 2000. Well here it is 2005 and still nothing done on alternative fuels, in fact in 2000 GW told america to buy big ,buy powerful and buy often. Now we are hit with high gas prices, ''because of the hurricane''.
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