The ''peak oil" debate and skyrocketing $ per barrel.Is this a evil conspiracy from the oil executives?

Question

Is there really a major worldwide oil shortage have we really reached "peak oil"?Oil companys are driving the price per barel higher and higher.Sorry but i just don`t believe we are at "peak oil" i`, thinking theres more than we can imagine,and the oil executives are the true government.

Answer 1

Truth. Proof? Renewables are finally taking hold because, as prices of fossil fuels rise, the replacements become relatively cheaper. Electricity can be produced by wind turbines, now, for only $0.03/kwh. That's competitive and electricity providers are taking advantage of it.

As for cars, I really prefer a train design that doesn't make everyone stop so only a tenth of them can get off or on. Design a High-Speed, On-the-fly Car-transfer system, finally! That way, the faster rail cars would never stop. But passenger-cars would come up beside them, lock on, transfer cars and nobody has to stop.

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Answer 2

It (higher oil prices) is a combination of supply/demand market forces and political constraints on the supply side--specifically a lack of new refineries and restraints on exploration by the political left.

$3 per gallon is NOT expensive.  Neither is $6 per gallon.

Answer 3

Oh yes, and I bet you believe Bush is hoarding oil to push the price up.