New gas pains: where is it all leading?

There is supposed to be a “Gas-out” today across North America.

Earlier this week, a message circulated on the Internet called upon people to refrain from buying gas today. The idea is that if enough people did not buy gas today, it would give the big oil companies a jolt in the range of $3-billion.


…But it’s entirely possible that we’re all missing the bigger picture here, oil companies included.

To a lesser extent, the term “peak oil” is popping up in a surprising number of conversations these days. Google gives you almost five million hits on the term in under a second. The idea is that we’re running out of cheap oil, and as it gets more expensive to extract, it becomes harder and harder to keep up with demand. The price climbs. Shortages are the norm. Gas-out may take on a whole new meaning.

Orillia Packet & Times