Record Oil Prices: "There's Clearly Some Geopolitical Tension In The Market"

So says some commodity "strategist" in Australia.

And thanks for the update pal.

But Mr. Commodity Strategist goes on to say that he thinks that geopolitical tensions in Nigeria, Yemen, Saudi Arabia, Venezuela, Iraq, Russia & Iran (to name a few of the places the Western World harvests its energy) will "die down".

Sure they will. Because those places have such a wonderful track record of stability over the last 50, 100 & 1000 years.

In any event, we think that it's just great that America's national security interests are heavily tied to some sh*thole oil pipeline in some sh*thole corner of Nigeria where some asshole with some dynamite has the ability to cause financial pain to millions and millions of Americans whose only crime in life is that they want to drive to work so they can pay their mortgage.

Sounds like a winning strategy to us.

Oh, and did we mention that fossil fuels are "dirty" and their supply is finite?

Awesome.

Snark.

It's time to find/build/create a renewable, clean source of energy. It won't be easy and it won't always be pretty, but it will be better than what we have currently.

Just by getting out of bed.