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Page added on July 14, 2013
Peak Oil: Crude oil prices have increased
News22 Published 12 July 2013
3 Comments on "Peak Oil: Crude oil prices have increased"
Peak Oil is You
Donate Bitcoins ;-) or Paypal :-)
Page added on July 14, 2013
News22 Published 12 July 2013
3 Comments on "Peak Oil: Crude oil prices have increased"
Plantagenet on Sun, 14th Jul 2013 11:22 pm
OF COURSE oil prices are going up. Conventional oil peaked in 2005 and the unconventional oil released by frakking is expensive to produce. Combine that with the internecine religious war in Syria and a potential civil war in Egypt, and ka-ching! Gas goes up.
BillT on Mon, 15th Jul 2013 1:51 am
It obviously has not gone up enough or we would be aggressively cutting back on demand world wide.
GregT on Mon, 15th Jul 2013 4:54 am
Oil prices are up over 300% in the last eight years, and the last 10% rise is all of a sudden considered to be shocking news?
Most people are going to be in for a huge surprise, and a great deal of hurt. Those that are paying attention, would be very well served to start making plans, for a very different future.