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Page added on May 6, 2005

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The Alarming Cost of Gasoline

As fuel prices rise at the pump, quite predictably the news media has begun to ask questions about why this is taking place and what, if anything, can be done about it? There are some hard truths that we have to face, and some of this has a direct impact on the foreign policy pursued by this country.


Most objective observers of the oil industry will admit that we are fast approaching the point where the amount of oil in the ground will begin to decline until it ultimately vanishes. In other words, oil was never limitless, though we in the U.S.A. especially acted, and were trained to act, as if it were. So, by the mid-21st century, there will likely be a severe oil crunch.
Pacific News Service



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