DD Support Board and Research Team

[Porgie Tirebiter]

You don't seem to understand how free markets work. Oil/energy is becoming more expensive due to geo-political developments causing supply constraints.

Energy is is cheap and that is what leads us, as a society, to waste so much of it.

Look around. It's 1973 all over again. People are driving ridiculously sized vehicles. It may be giant pick-ups and SUVs this time instead of Eldorados and Continentals like back then but it's the same thing. Now we have geo-political upheaval like 1973. Energy prices rose to meet the market. Rather than acknowledge free market forces at work, people back then blamed the Clean Air Act and PCV valves.

"But Vlad is with ya. The higher the prices the better as far as he is concerned." - Not really. If higher prices ultimately lead to reduced consumption that works against his interests of "hooking" the West on his exports.