If you think the oil situation is bad, worse is to come : "'This is the market signalling there is a problem, that there is a growing difficulty to meet demand with new supplies,' said UBS global oil economist Jan Stuart."
Isn't oil a limited resource? I know they have been saying that for quite some time with no sign of a real alternative and in the meantime we pay at the pump and the bank accounts swell. The biofuels have caused consternation because they are affecting food supply. One way not to have biofuels because we didn't think that one through properly and we haven't come up with a solution. Bleating is not going to work. We need a new millennium fuel and we need new millennium cars. Oil is so last millennium and the price is making it a mug's choice.
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