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George Wallace said:It is because of the 'Economists' fearmongering in the field of 'Global Warming' and the environment, that we are seeing such outrageous prices in fuel ...
Those of us who are still a bit heavily invested in the energy sector don't think fuel prices are "outrageous" at all. ;D This is especially true for old guys who live in the city centre and don't drive cars.
Seriously, George, energy prices are set in the fabulous (or fabled) free market and they reflect what most people are willing and able to pay. If people stop consuming, drive less, freeze in the dark, etc, then the price of crude will fall to reflect a new equilibrium. Most consumers are willing and able to pay the current market price and, I've heard maybe 35%+/- more than that price.