Oil now rises. Politicians blame the closing of the Alaska pipeline, but that is not so. Folks, our situation is serious. There is a lot going on. It is far worse than the closing of a pipe. We hit peak oil in 2005 and now price are going up. Fact is that we get less than 5% of our oil from Alaska so this is minor. Hey, we are tired of all the excuses. Petroleum production is declining now. Demand however is increasing. People will pay at the pump.
Monday, January 10, 2011
Oil rises
Oil now rises. Politicians blame the closing of the Alaska pipeline, but that is not so. Folks, our situation is serious. There is a lot going on. It is far worse than the closing of a pipe. We hit peak oil in 2005 and now price are going up. Fact is that we get less than 5% of our oil from Alaska so this is minor. Hey, we are tired of all the excuses. Petroleum production is declining now. Demand however is increasing. People will pay at the pump.
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