The cost of fuel (Okay, the price) has gone down a bunch recently. I have to think that it's because the big oil companies are cutting back on their profits in order to help the economies of the world.
HA! Just kidding. But, wouldn't it be nice?
I suspect that the price of gasoline going down is related to many issues, not the least of which is the success of renewable sources of energy. Don't let them fool you. Even the Biggest, Oiliest Oligarchs are divesting from oil. Every one of them uses solar and wind energy generation at their "Dacha's". Why wouldn't they? They like to save money, too. You just won't see it in their, "aren't we responsible?" advertising. According to the ad, BP have invested over 4.5 Billion Dollars in the Gulf for rebuilding. That's not so much an investment, as a court ordered fine to compensate for all the damage that their slovenly practices caused to the people and the environment of the Gulf. It's like me saying, that I invested over $20,000 in the State of Colorado, instead of me saying, I've had three DUIs!
Unfortunately, a huge contributor to this gasoline "discount", is the glut of natural gas, that these very same companies are extracting out of the ground in ways that make oil extraction look like a gentle kiss from a dying grandmother. You've heard of "Fracking", haven't you? This term is short for Hydraulic Fracturing, which is FAR more hideous than you'd ever expect. These oil barons take pipes and force them into the ground under your homes and into "seams" where free methane and propane are trapped as part of the decaying process of ancient organic life. In order to fracture the rock formations, and therefore "free" the trapped gas, they inject millions of gallons of fresh water, because everyone knows that we don't really need water for human life to exist, mixed with a concoction of carcinogenic chemicals and other chemical agents that assist in the destruction of the rock layers. The contents of this mixture are top-secret because Dick Cheney made sure we'd never know what's in it. Thank God, we know we can trust Cheney. Now, historically these oil entrepreneurs, have always looked out for the welfare and well-being of the public, and in these cases, they are just as publicly responsible as they always have been (Exxon Valdez, Deepwater Horizon, Keystone XL Pipeline, etc).
Take the dip in gas prices with a grain of salt and remember that in Battlestar Galactica if you got "Fracked" it meant something altogether different . Or maybe it didn't.
Baby Steps...
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