Wyvern said:
Fat chance to dream. Gas is going up and up courtesy of the big oil companies and the terrorists/thieves in OPEC.
This is simply not true. 2/3 are Hollands gas prices are Government taxes, duty's and even more taxes. The biggest part of the rising *gas prices* almost everywhere are tax driven by government that accepts the ludicrous green agenda.
Translation:
Belasting is taxes 19%
Accijns en andere heffingen means duty and other taxes 44%
A total of 65%!
Product prijs means product price 35%
See here:
http://www.wtrg.com/prices.htm
Read especially the part called: 'OPEC's Failure to Control Crude Oil Prices'
Were market prices are reacting on crisis in the Middle East the rise in oil prices is not high enough to cause trouble without the additional taxes that governments slap on the total price.
So what I am saying is that the rise in the market oil prices is well within normal market fluctuations and would not be problematic if governments would keep their greedy hands of our gas.
OPEC is doing everything to keep the prices low! See here:
http://news.bbc.co.uk/2/hi/business/4133702.stm
Quote:
"*Oil producers body, Opec, has acted to try and cool prices by raising output by 300,000 barrels a day over the last two weeks.*
However, analysts said that this was likely to have little impact amid continuing geopolitical worries and feverish demand for oil worldwide.
Analysts estimate that only 1.5 million barrels of spare production capacity remain in the global oil market, leaving the market less flexibility to respond to sudden supply needs.
"We have just got a continuation of an upward trend," said Tom Bentz, an oil analyst with BNP Commodity Futures.
"There is no sign that it will be stopping any time soon."
And here:
http://www.economist.com/agenda/displayStory.cfm?story_id=3238988
Quote:
"This week, the oil price touched $50 per barrel for the first time, *not because of terrorism in the Middle East but because of gangsterism in Nigeria.* A combination of past under-investment and current political strife has left producers struggling to keep up with demand"
[font=verdana,geneva,arial,sans serif][size=-1]
"The IEA itself believes this tension will soon pass. *OPEC, it points out, is now doing its best to keep prices down and will do better as new fields come on line.* [/size][/font]
The biggest problem for a stable low market oil price in the future will be the growing demand of China for energy. Our planet is filled to its core with energy, including 1000s of tons of oil, so their is no absolute shortage.
The problem is that getting to the oil is getting expensive. One reason is that area's that have large oil supply's have been close to oil winning because of environmental laws.
Thus part of the relative shortage is artificial. When the time comes that it will be to expensive to win oil it will become profitable to look for and develop alternatives. And I don't mean sun or wind energy. These forms of 'energy' are simply not efficient enough for large scale use.
As economist Jullian Simon used to say: The ultimate resource is mans mind.
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