Wednesday, March 30, 2011

(ITOS) It's The Oil Stupid.

Hwy. Guess what? We're looking at the beginning of a whole new Middle-East. So what? You don't think it makes any difference to you? Well, you're probably right, or at least partly right. See, we'll still be buying our oil from there, and we'll still be sending our military there to protect our oil, while claiming to be doing it for humanitarian reasons. The folks there will still hate us and will still hate each other. So, there won't be any change to our lives, you think? Think again buster. The price of oil will continue to get higher and higher. Not just because they hate us, although that's a part of it. But mostly the price will go up because India and China are using tons more oil, which neither has. So they'll be buying more and more as their people begin to have more money to spend on items that require more power. Electric and gas. So, that's the good news. The bad news is that the world is unable to keep up with demand. When that happens, the oil will go to the highest bidder.  Unless a supplier nation decides to hold onto it's own oil for it's own consumption, which only complicates the problem even more.Since we are no longer the wealthy nation we once were, we aren't likely to be the highest bidder. Is there an answer? Well, sort of. Somewhere there's somebody with an idea on how to do the job of oil with another energy source. Wind, solar, hydrogen, natural gas, who knows. So why don't we do it? Because politicians would rather collect campaign funds from wealthy oil companies then from poor idea people. See, the poor idea people just don't have the cash necessary to get into the big game. And politicians are addicted to the big game. As soon as a poor idea person gets a few buck together to get into the big game, the big oil companies up the price of admission.

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