Quote:
Originally Posted by Princess Doreen
A non-life essential product? I guess you didn't watch the National Geographic special on March 8 - A WORLD WITHOUT OIL.
Lack of health care would take a back seat to the crises of no oil.
http://www.associatedcontent.com/art...he.html?cat=15
I don't profess to understand how oil prices work - there are so many pundits with their own theories. I just know that in 1999, gas was about $1.00 a gallon, and now it's $3.00 a gallon and diesel, which should cost less than any grade of regular gasoline, costs more than hi-test.
The world has become dependent on oil - not just the United States. Chaos would reign if the world ran out of oil. I'd venture to say that 40% of the U.S. oil usage is for non-transportation usage. |
he was talking about regulation of gas prices, not about oil. as for diesel, prices depend on supply and demand. huge demand for diesel, of course the price will rise.