With sale and availability of hybrid and alternative energy vehicle on the rise, Oil Corps can foresee that there profits will one day be hit by environmental conscious and price savy consumers. We seem to think that the people who invest in Oil only think 6 months to 5 years in the future, this IMHO is incorrect. Investors look at market stats from the last 30-40 years and what could happen 30-40 years in the future, and recent rise in alternative fuels and environmental conditions are associated as an investing risk and when dealing with a risk factor contingency measures will take place to ensure profit and stability of trillion dollar companies that has an effect on every facet of life. Could the Oil Companies be “making hay while the sun shines”? In that Oil Companies are making as much profit as they can before the environmental and resource become so desperate that they will one day be severely restricted by governments. Prices are at all time levels and the excuses of unstable oil producing countries, and peak seasonal market conditions are just a simpleton way to extort money from hard working Joe Citizen. Oil Companies will never claim a loss, and politicians who have vested interested in campaign sponsorships will sit on the fence.

We’ve often thought of other countries as being rational actors. We may have gotten pissed off at OPEC in the 70s, but we saw them as doing what they thought was in their interest. Now, I wonder if we think they’re nuts and will bomb the crap out of them to get what we want.

oil shortage or not… high oil prices are going to cause problems
public fear about high oil prices is great for the entrepreneur
fear creates doubt.. which creates opportunity!

Nice post