[kezekiel]

Waiting for the inevitable: "No problem-drill in ANWR and burn more coal!" crowd to chime in. :)

[Glenn]

Waiting for the inevitable:

If this were the NFL, you'd be flagged for "taunting".

[CarmichaelPatriot]

You forgot "More Nukes"..

[RightWhale]

Peak easy oil is the theory and it is getting popular. Is it another Global Warming scam? At least there are no scientists involved in this yet. Whatever happened to the orbiting power satellite idea of 20 years ago? Is it too late?

[Who dat?]

I’ll never hear the name “Mort,” for the rest of my life, without thinking of John McLaughlin.

Mort Zuckerman and Morton Kondracke were sitting on either side of him. John McLaughlin says, “Mortimer to the left of me, Morton to the right – why, I’m mortified!” And, of course, they roll their eyes and sigh because it's the stupidest like they've ever heard...

Crazy old coot… well, you know you’re going insane when you can remember lame lines from a decade-old McLaughlin Group show…

[kevkrom]

The biggest culprit is our current currency de-valuation. Oil prices in Euros haven't changed much at all, but with the Dollar losing nearly 20% against the Euro, it also increases the cost of oil to US consumers.

[Casloy]

We go through this periodically. They said the same thing about coal many years ago. We were running out and that was that. The fact is, oil is like any other commodity. We will NEVER run out of oil. Simply put, as oil becomes harder to find and more expensive to drill the price will go up. As the price goes up consumption will go down and other sources of energy will become cheaper by comparison. Eventually, the demand for oil will drop to a point where far less is needed than is avaialable and oil wells will be plugged for want of demand.

The reason for the high cost of gasoline now is the dramatic and somewhat unexpected increase in demand. With the higher prices production will increase and the demand will go down. All it will take is for the commodity investors to blink and the price could plummet suddenly. Gasoline, in real dollars has been more expensive than it is today, yet only 18 months or so ago it was under a dollar a gallon. The liberals would love to make this "a sky is falling" story, but don't buy it.

[MrB]

More refineries and nuke plants,

and a moratorium on lawsuits blocking the building of both.

[freedomcrusader]

Who could have imagined that India and China would become such big consumers?

Um, anyone who's been paying attention to their growing economies? Perhaps?

[HungarianGypsy]

Does it strike anyone else that the EPA's standards state that the average vehicle should use 25 mpg of fuel, but it's own fleet uses 8 mpg?

[Caleb1411]