High Oil Price a very good thing for earth

The good thing about high oil prices is that its spurring attention towards peak oil and alternative energies right now.

I also think its inflated and pushed and now maybe even peaked. I don't have the guts to short it right now. (any trader that thinks that's guts is just stupid. and people that stupid deserve to lose. I'm not that stupid.)

The talk in Mom and Pop-ville is that those damned oil speculators have caused the price to go so high and now The Damned Congress is going to do something about it. But the speculators didn't do it, they were just along for the ride. Its Big Oil itself that did it.

And as I said, its not a bad thing. Its made people think and it may get the US to reduce consumption. And it will probably come back down, maybe to the 90s (but what do I know).