Monday, June 07, 2010

Bill, Baby, Bill

Yeah, I know a lot of you readers don't like tax increases. Hell, I don't like them. But there are plenty of reasons your gasoline prices per gallon are so low, and one reason is that the places where oil is found will subsidize your costs for you.

Let us call that "Internal Colonialism."

Oyster explains how that works.

You can imagine there will be price repercussions if the individuals shouldering the costs of an activity decline to shoulder those costs any longer.

We were going to experience cost spikes any way you cut it. It has become apparent that we've already passed "Peak Oil" and are now entering the era of "Extreme Energy" where the costs (monetary, environmental and human) increase at higher rates than we are willing to tolerate.


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