posted on Dec, 7 2007 @ 09:10 AM
I don't want to admit that I'm old, but I remember seeing gasoline when I was a child at $0.12USD a gallon.
I think, hope, that these high gas prices are the last gasp of a dying industry. If new methods of propulsion are near, as we keep hearing about, then
these artificially high gas prices could be because the Big Boys know what's coming, and want to squeeze the last dime they can, before the bottom
If capacitor improvements can make the electric car a real competitor in the marketplace, oil futures will drop drastically, long before the cars ever
arrive. The big producers will want to sell as much of their product as they can before it's not needed as much.
One of the reasons I wonder if this might not be true is the refinery situation. Money isn't being put into building them, even in oil rich places
like Venezuela. It seems that there is a "feeling" that the long term returns will not be there. Big business naturally keeps it's finger on the
pulse of future trends, and spends it's money where it knows there is a long term profit margin.
Could all of this be part of a conspiracy, involving technology that is suppressed? Sure. Corporate spying is just as rampant as government spying.
Whatever is the cause, it seems suspicious.