Hope and oil

Everyone's hopeful all of a sudden now Obama's in power. I'll be hopeful when our political leaders have the guts to cut these fuckers off at the knees:

"BP boss Tony Hayward said a $60 to $80 price range would meet both Opec's needs and cover the cost of investing in difficult oil exploration projects.

The energy industry would have to invest $25 trillion over the next 20 years, he said during a session at the World Economic Forum in Davos. "The price of oil has to be high enough to motivate investment going forward.""

(from BBC News website)