A heated debate has begun over my post this weekend regarding the price of oil. I’ve been informed that while someone who shall remain nameless understands my point, I have been beating around the bush about it.
So here’s my point:
Gas prices are affected by consumption. The only reason that we’re paying 40 bucks a barrel right now for oil is because people will pay it. That’s consumption right there. If people weren’t buying the stuff, it wouldn’t be that expensive.
Those who consume the most, shouldn’t complain about gas prices, because the rest of the world looks at them and says to themselves: “But you’re the problem!”
In actuality, the problem is that we consume oil at all, not the volumes in which we consume it. Our society and our economy has become so dependent on this one commodity that it has more value to us than gold, even though it is less expensive.… [Read More]