HDRKID

Wednesday, October 14, 2009

Oil prices above $75


Sadly, our sun is setting on fossil fuels.The oil prices jump over $75/b today a record for the year. The debunkers that said they peak oil was a hoax need to re-examine. Folks, we hit peak oil back in 2005 and every year there is less oil to extract. Petroleum producers such as Saudi Arabia are max out. Expect oil prices to rise in coming years.

Labels:

0 Comments:

Post a Comment

<< Home