The oil-mafia, OPEC, are having a meeting in Vienna on the 24th of October, discussing the "critical decline" in oil price (oh no, it's only increased by 45% over the last 1,5 years - from 50 to 70 dollars!!!), and how to cut production to stabilize the price at 90-100 dollars/barrel, the presumed sweet-spot where the demand will remain high, and we will still have to pay through our nose for the petrol.
This is just another brilliant example of why this kind of cartel should be illegal, like it is in every other business on this planet. It's also a reminder that although the prices are down to 70 dollars/barrel, half of what they were at their peak only months ago, the problems with price and supply will remain, and we should focus all our energy (literally) on finding replacements for oil. We simply can't be held hostage by corrupt, instable regimes, dictators, dirty oil companies and such any more.
So, car-manufacturers, where are those damn biogas-cars? Ethanol-cars? Electric cars? Hydrogen? Air?
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