Most every addict suffers feast (gorge) and famine sickness in that uncertain limited future supply causes them to gorge ahead of potential famine which in turn drives up price of limited supply.
World oil market demand and price via more and more nations raising their energy consumption is pretty close match of feast and famine senario.
Non-renewable oil fields, shale oil, coal fields, regardless of their abundance and/or our technological ability to harvest them cleanly, will globally be viewed as a "limited supply" and the unreasonable bidding war will always spiral prices upwards even tho' the global supply might be abundant.
There'll always be uncertainty of who might turn off the spigot and when.
Regionally produced (multiple semi-local supply streams) renewable energy is the only commodity and methodology that stands a chance of reversing "feast and famine" global mindset.
Once world markets realize X amount of renewable energy can be manufactured for Y amount of price, at multiple locations, the out of control unreasonable price jumps should slow way down.
Ante up couple tens of $millions$ and you're in business with a "micro" outfit with solid demand for your product.
I believe in American inginuity and free market principles.
I also believe this latest round of price increases has indellably stamped into the American mindset that our beloved lifestyle is cut down to the bone.
I'm not young-not old, retire in 9 days and a wake-up, and believe I'll see this in my lifetime.
World oil market demand and price via more and more nations raising their energy consumption is pretty close match of feast and famine senario.
Non-renewable oil fields, shale oil, coal fields, regardless of their abundance and/or our technological ability to harvest them cleanly, will globally be viewed as a "limited supply" and the unreasonable bidding war will always spiral prices upwards even tho' the global supply might be abundant.
There'll always be uncertainty of who might turn off the spigot and when.
Regionally produced (multiple semi-local supply streams) renewable energy is the only commodity and methodology that stands a chance of reversing "feast and famine" global mindset.
Once world markets realize X amount of renewable energy can be manufactured for Y amount of price, at multiple locations, the out of control unreasonable price jumps should slow way down.
Ante up couple tens of $millions$ and you're in business with a "micro" outfit with solid demand for your product.
I believe in American inginuity and free market principles.
I also believe this latest round of price increases has indellably stamped into the American mindset that our beloved lifestyle is cut down to the bone.
I'm not young-not old, retire in 9 days and a wake-up, and believe I'll see this in my lifetime.