Peak Oil

This hysterical ranting about oil prices has got to stop. Google "Peak Oil" and discover that the escalation in oil prices was inevitable and widely predicted.

You can tinker around with tax levels, but the real message is that we have to find a way to wean ourselves off oil BECAUSE IT IS RUNNING OUT. High tax does at least accelerate this process.

These are a couple of the best sites on Peak Oil:

http://www.energybulletin.net/
http://www.theoildrum.com/

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