Originally Posted by
ryan1234
we should really be careful about our alternatives to oil (i.e. the whole ethanol swindle)... or else we're going to find ourselves in the same boat we're in now: dependent on something or other, it certainly can get worse...just wait til the US government starts really regulating oil..
Actually, part of the recent oil price spike is the
deregulation of the commodities markets, compared to 10-15 years ago. Trading and speculation rules on the commodities markets were considerably relaxed during Enron's rise to profitability, and nobody bothered to un-relax them after the company imploded, taking 401k and retirement savings with it.