I do believe that oil production globally has peaked at 85 million barrels. And I've been very vocal about it. And what happens? The demand continues to rise. The only way you can possibly kill demand is with price. So the price of oil, gasoline, has to go up to kill the demand. Otherwise, keep the price down, the demand rises.
We are now spending half a trillion dollars on foreign oil, importing 62 percent of the oil we use, and we haven't had the leadership in D.C. to do anything about it. We've got to move to other sources of energy. But we've gotten way behind, and will continue to pay the fiddler. It's not a good future.
We've got all these politicians talking about better health care and what all, but believe me, we're not going to have the money to take care of sick people.. or anyone else as far as I'm concerned.. if we don't fix our energy problem right now. I've got an idea what to do. It might not be a perfect idea, but hell, none of my best ideas have been perfect.