Fuel prices may be at a 5 year low right now, but it’s only a matter of time before the oil barons get greedy again. I was thinking about that this very morning, when the news came on the radio about strikes at some oil refineries in Scotland, and I thought, “here we go again”. This is exactly the excuse the oil industry was looking for to get prices up again, with oil workers on strike it creates the illusion that oil is now in short supply. The way the whole oil industry regulates its own pricing, reminds me of the old salesman’s trick of ‘We’ve only got 50 left and we’re not entirely sure if we can get anymore? so we want top dollar for these!’ It still amazes me that the general public think that the oil industry actually knows how much oil there is left in the world? Scientist’s don’t even know what’s at the bottom of the deep sea yet, never mind what’s below the sea bed. With the sea covering two-thirds of this blob we live on, i’m fairly well convinced they’re just taking wild stabs in the dark with guestimates. When I think back to 20 years ago, scientists then (commissioned and funded by oil barons) were predicting that we would run out of oil in the next 20-25 years, they’re still singing the same tune today with estimates of 20-25 years. They just beef up the price of oil by creating the illusion of scarcity, it would’nt surprise me if they had paid someone to instigate the damn strike themselves! I also think that Gordon Brown won’t be too happy about the strike, as he’s working hard to keep prices down, how else will the economy recover? Oh yeh, if we all just ‘get up to our eyeballs in debt’ and use our credit card’s ‘like it’s free’, the economy will recover just fine. I almost soiled myself yesterday, when a newsreader on ITV (uk news channel) announced that the government may be about to announce that we’re ‘officially in a recession’. I think the banks collapsing around us and billions being lost on the stock market were a big clue!




