Fuel prices are an issue. There is no peak oil. There is no reason for petroleum prices to be as high as they are except for using it as a means of social engineering. Doing the same thing with water.
Oklahoma alone has enough oil to support our country for a few hundred years or more. We have a long time to discover another source of energy - maybe go back to whaling. New oil resources were recently discovered in Texas which are large. Oil is due to major climate change - the Permian Extinction gave us oil - lots of foraminefera died along with 70% of the species on the face of the earth.The forams gave us oil. Climate change is good. It provides resources for the next dominant species.
'King dollar' reigns supreme in world of slowing growth, European risks
Started by
pdx5
, Nov 12 2018 11:28 AM
dollar
11 replies to this topic
#12
12SPX
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- Traders-Talk User
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Posted 14 November 2018 - 10:59 AM
Fuel prices are an issue. There is no peak oil. There is no reason for petroleum prices to be as high as they are except for using it as a means of social engineering. Doing the same thing with water.
Oklahoma alone has enough oil to support our country for a few hundred years or more. We have a long time to discover another source of energy - maybe go back to whaling. New oil resources were recently discovered in Texas which are large. Oil is due to major climate change - the Permian Extinction gave us oil - lots of foraminefera died along with 70% of the species on the face of the earth.The forams gave us oil. Climate change is good. It provides resources for the next dominant species.
Think you'll be surprised about the jump in electric vehicles in the next two years also, coming faster than you think!!!
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