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The Saudis are widely believed to be concerned that escalating oil prices – crude hovered around $134 a barrel Thursday, nearly double what it cost a year ago – will cause a permanent drop in demand as consumers get more efficient or, worse, the global economy slows.
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If, in fact, oil prices are going up because there isn’t any other choice, because the costs and scarcity of oil are increasing and therefore oil cannot be sold at a lower price without giving oil away at or below cost, then the competition will gain market share – end of story.
That means, if that is true, that oil prices are inevitably going to rise, then Solar Power will over-power oil power right now.
On the other hand; if the price of oil is merely a speculative gamble whereby the oil suppliers are restricting and blocking the flow of oil so as to make oil scarce on purpose, then Solar Power can be made less powerful as a competitor by merely increasing the flow of oil and thereby reducing the price of oil.
See?
Is that as easy to see as a beautiful model in a bathing suit?
How about a link?
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