Fossil fuel is just too cheap

When the price of oil went up in 2008 the industrialized fishing fleets came home and the fish stocks had a chance to recover - at least a little. Just a tiny breathing space. But it shows that oil is too cheap. Read more on the subject of oil being too cheap.

And then you have idiots like John Hofmeister, an ex-president of Shell, who campaigns for cheap oil. He's just an oil industry front. He's been blustering on the US news a lot - apparently the accident was the fault of the public as we didn't allow the industry to drill in shallow water, and John gave the example that he had to spend $300m to get permission to drill in Alaska. He has an idiotic not-for-profit Citizens for Affordable Energy, funded by whom I wonder.