posted on Oct, 27 2010 @ 04:54 PM
You guys probably don't want to hear this, but the main reason prices are going up is because we're just now entering the second wave of cheap peak
oil. The first round came from 2005-2008. We're nearly a decade into the "bumpy plateau" before things get really bad. The government will blame it
on anything (like Katrina) to keep off the real issue, because if the average person could wrap his head around what's coming, it would instantly
collapse the world economies from panic/speculation.
To give you a glimpse of the power behind the cheap peak oil waves, just recall that what broke the taxpayers in the end wasn't only a combination of
malpractice and unethical policies in the financial departments, but this was exasperated by the rising energy crisis. The spending spree gave rise to
high energy demands, which made prices skyrocket in the face of stagnated supplies. The idealistic infinite growth paradigm model began to crush in
the light of realistic finite resource expansion.
rising demand + weak growth in supplies = rising prices
rising prices + troublesome economic policies = recession
recession = lowered demand = lower prices
time plays through ... repeat the cycle
So now the economy has ever so slightly recovered here in the U.S. , and other developing countries like India and China are increasing their energy
demands. Remember, over 1/3 people to walk this earth do so in one of those two countries.. So we're about to go through another wave.
This is why alternative energy is being so heavily funded in the last few years again. Algae oil was researched decades ago, but it lost financial
backing for further development because the energy crisis of the early 70's was settled out, prices fell ... making algae oil unprofitable with the
then current tech. Algae oil is the thing to invest in. Find the best company that's about to go into mass production, and dump some funds into it.
You'll be rich within the decade.