We have cheap gas. Other parts of the world are seeing what comes to $6/gal and more after exchange rates, and we're whining about $2. As soon as someone comes out with a decent diesel-electric hybrid vehicle, I'm going to go into debt to invest in bioiesel manufacturing, and make it back in half a year when people start buying what I can make for a few cents a gallon and sell for half of what commercial gas costs.
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Originally Posted by Redlemon
I (putting on my tinfoil hat) believe that the current run-up in petroleum prices is due to someone pulling an Enron-style deception. Remember when California was "out of power"? They weren't. Someone is gaming the system, and I have no idea who it is.
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I don't remember who it was, but I think Enron's name came up. They were "exporting" power to Nevada then "importing" it back into the state to defeat price caps. It's really disgusting that they would do that. Regardless of legality, it's extraordinarily unethical.