Quote:
Originally Posted by Fundguy1
I think gas will be considerably less expensive in the near future, like 2 years. There's no reason for it to have doubled in the last 2 yrs except the government meddling..
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for an alleged finance professional you sure don't seem to know much at all. how the fuck will gas become less expensive? economies like china, india, brazil, etc are only gonna get bigger and bigger. the global population is increasing and along with it more and more cars are on the road. that means demand for oil will keep increasing. meanwhile supplies are limited. most of the clean easy to get oil is almost done. much of out future oil supply will come from tar sands and other sources that are more expensive to exploit. oil prices will only keep going up, unless we wean ourselves off oil and use alternative energy sources, and drive those hybrid and electric cars you hate so much.
then again maybe oil supplies are infinite, and all this stuff about oil being a nonrenewable resource is just a big conspiracy by those lefty socialist pinko europeans to increase taxes and force us to drive around in slow electric golf karts instead.