I heard a really good conversation/debate on the radio about gas prices etc.
People are waiting for it to go down... and think drilling off the california coast will reduce the price when in fact it'll probably stay where it is and this is why...
We (USA) used to be the only big super player (buyer) of oil/gas for the market... BUT recently China and India have started to become big players in the oil/gas industry.... so basically the demand is going up because their populations are so freakin HUGE and the supply is just about the same.
Drilling off the california coast will take time... oil wont be available for years.. AND when we do get it we'll most likely sell it off because thats the kind of country we are.
On the same note.... Saudi Arabia is freaking out about the fact that alternative sources may become more popular because of how expensive gas/oil is getting that they are trying to produce more. bleh.
Thats my input.
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