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Greybeard, with that theory if we do create some sensible fuel alternatives in the near future and consume less crude the price will go higher, Hmmmmm. And if we continue to use more(see the Chinese market) the price goes up,hmmmmmmmm.
I would tend to disagree with that theory. I'm going with the law of suppy and demand. If we demand less they aint going to put a preminum price on something we do not need.
There is a president. There was a water shortage in So. California, so the L.A. DWP banned lawn watering and other water uses that they considered unnecessary. (of course, the lawns on city owned property stayed mysteriously green) Then, they cited the lowered income due ti reduced water consumption as an excuse to raise rates. Of course, when the shortage was over and they allowed normal use, the rates did NOT go back down.
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Be nice to see what the oil sheiks would do to live the high life if no one wanted their liquid gold.
Mike
They would go back to their old passtime of riding around the dessert chopping each others heads off. Except in Dubai. There, they would live on the income of their bazar construction projects they've been building.
Let's hope there's intelligent life somewhere in space 'cause it's buggar all down here. -- Monte Python
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