Competition for remaining oil will be fierce

…Current thoughts: Industry secrecy clouds the issue, but peak oil worldwide may have occurred in 2005. Many economists believe the resulting price increases to $140 a barrel last summer triggered the global recession. Enjoy the present low gas price ($2.50) because it

No matter whom we elect president or to Congress, the U.S. military will occupy the Persian Gulf until all the oil is gone or we can no longer afford the occupation.

Americans eventually will have profound regrets about the money we have wasted on suburban sprawl and highways since World War II.

Commercial aviation is a lost cause.

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