Confusion and clarity
I don't understand most of the oil price talk. Everyday we find new oil fields. Some deep some shallow, at different grades. Overral technology improves, overral costs fall. Very simple. So why the general rise in oil prices? Artificial. There are viable replacements, just relatively little initiative. Example, 10 years ago we had small credit card sized torches that could stay powered for 25 years. 3 batteries, one in use, powers the other two as its being consumed. Sort of recycling the energy. Cheaper than buying battery replacements! Forget this, philips has the everlasting light bulb patent. We have a critical mass of people who want change. Enough who supply the tools. But large corporations keep standing in the way. Once a brilliant invention is made they clamp down on it. Look at the Tesla example. Governments keep saying they need to protect corporations because they invest in R&D, employment.... Only to bring it out of the cup board a few decades later!