Originally Posted by Big  Here it is right from the horse's mouth. There is not enough oil to feed capitalist appetite:
"I have made the case that the high price of oil injures economies. But I think we better understand that there's not a lot of excess capacity in this world right now," Bush told a press conference late last month.
"Hopefully high prices will spur more exploration to bring excess capacity on, but demand is rising faster than supply. And that's why you're seeing global energy prices rise."
Bush prepares to press Saudis on skyrocketing price of oil - Yahoo! News |
Not enough oil to feed capitalist appetite? Big, did you miss the fact that
communist China is the world's largest consumer of oil? Capitalist systems have reduced their oil use BECAUSE of high prices. Communist systems don't allow market prices to effect demand (price controlling), so their demand rises unchecked.