Gonna have to Live With It


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Posted by Hal in Northern NJ on Tuesday, May 03, 2005 at 3:42PM :

In Reply to: OT MAY 19TH GAS / DIESEL REVOLT!! JOIN IN! posted by John Eickhof on Tuesday, May 03, 2005 at 3:05PM :

- Global demand for oil, lead by China, is going up.
- Established reserves are being drawn down.
- Exploration and development of new sources of oil takes years.
- Few in the US want to build nuclear plants.
- Even during periods when US built smaller vehicles, our use of oil increased steadily, and is expected to continue to do so.

Why is everybody so surprised that the price of oil is up?





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