There are fundamental problems in relying on oil

Five years ago, oil went for $24 a barrel, gas was around a buck a gallon, and OPEC said that $28 was the top range of their price band for a barrel of oil.

We all know the price of a gallon of gas today


The problems with oil come not from hurricanes in the Gulf of Mexico, broken pipelines in Nigeria, or OPEC’s production controls. The problem comes from the nature of oil and oil production itself.

Oil is a fossil fuel, created millions of years ago; the quantity is limited. Oil production follows a predictable production curve