Oil companies are experiencing record profits, Oil production is up, consumption is leveled out, more oil fields are being discovered in places never thought to have oil and Alaska is sitting on what might be one of the largest Oil fields yet to be discovered. With all this why are we paying record prices for oil?
To make matters worse, a huge ripple effect has begun to show its effects. Do to the high fuel prices, the price on food and other goods has gone up as well due to the fact that is now quite expensive to haul theses goods. To make matters worse, we are spending all kinds of resources on bogus alternative fuels.
When will it end.
You are not logged in, so your subscription status for this entry is unknown. You can
login or register here.