• janey

    Sadly, there is no real reason for the recent price hikes other than “investor enthusiasm” – also known as rampant speculation. Record high supply, record low demand and prices constantly rising. Even OPEC has said “Hey, wait a second, this isn’t right…”
    China is using more and more oil all the time but even their usage has leveled off recently. Oil shouldn’t be $80/bbl. The economy started picking up right away when it was $40/bbl and then slowed again when oil went right back up to $60+.

    Ugh. And another thing, I think the states need to strip homeowners associations of the right to block green energy, like solar panels. I have lots of roof space that I’d LOVE to put panels on but the HOA forbids it. :/