For many years, we at Dkos have been talking about peak oil. Not only its now $100 a barrel, OPEC is finally and slowly turning in the wind and making statements that allude to peak oil. (which still a "concept" in right wing world). I guess geology is just as sinful as evolution for them.
AP News :
http://biz.yahoo.com/...
Oil prices jumped sharply, setting a new trading record on supply concerns sparked by renewed violence in Nigeria and a warning that OPEC may not be able to meet its share of global oil demand by 2024.
World's greatest economy, a country that put man on moon almost 40 years ago is still running on technology that comes out of the ground and has to depend on countries like Nigeria and Saudi Arabia. This is what happens when Oil lobby has full-time table and cubicle in Vice-President's office.
In Nigeria, bands of armed men invaded Port Harcourt, the center of the oil industry Tuesday, attacking two police stations and raiding the lobby of a major hotel. Four policemen, three civilians and six attackers were killed. The Niger Delta Vigilante Movement claimed responsibility for the attack.
A "band of men" can affect what you and I pay at pump and eventually finance the BS of middle-east and make Putin more powerful, as huge chunk of Russia's new wealth comes from high prices of Oil.
Here's the thing right wingers need to pay attention to, coz they too need to drive CARS to go to church and to go hunting and killing pheasants and so they must pay attention, coz the world is running out of oil, regardless of whether CO2 emmissions are responsible for killing our planet or not. If not for sake of environment, then for the sake of being able to drive to church and killing pheasants on the way, they should subsidize alternative energy. And even our "friends" in middle-east as saying in wink-wink hint - We dont have any more oil friends.
Separately, the Organization of Petroleum Exporting Countries said its member nations may not be able to meet demand as early as 2024, though OPEC also said that deadline could slide for decades if members increase production more quickly.