tag:blogger.com,1999:blog-7825957372675897778.post5177335804268910660..comments2024-03-20T03:08:56.314-07:00Comments on Energy Thoughts and Surprises: Will we drive more now the fuel prices have gone down?Nicolahttp://www.blogger.com/profile/09162244617407392907noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7825957372675897778.post-37638575379368560882015-01-30T01:45:33.813-08:002015-01-30T01:45:33.813-08:00The price of fuel will not stay low for very long,...The price of fuel will not stay low for very long, my view is maybe 6 months to a year more. That is because the current price is too low to cover extraction costs for many oil producers, especially those that have invested in expensive extraction processes like Shale and Tar sands. We have already seen most major oil companies announce that they are cutting investment in new projects. This lack Judyhttps://www.blogger.com/profile/00371314706811756465noreply@blogger.com