The price of crude oil is on the way up again and we’re beginning to see the impact of that price rise at the bowser. It seems that quite soon now we’re going to be seeing even bigger price rises at the bowser and some suggest that the prices could be so huge that we can expect massive social dislocation.
While it might be easy to laugh that off if it were the half-demented ramblings of rabid greenies it’s harder to ignore when it appears in a report commissioned by the Queensland Government. The report suggests that we’re almost at the point where world demand for petroleum is about to pass the ability to supply the product and when that happens our lives will change forever.
Oil Shock is Coming Closer