Oil - where to go?

we're all pleased that the price of Petrol/diesel is falling but should we worry?

It was not that long ago that we all were hurting as the Government slapped on regular duty rises to put us off using oil.

So what's changed?

The recession has choked demand, the Arabs are still pumping and the Us has shale oil and gas.

What's happening and why we should be worried - well a bit.

If the price keeps falling then a lot of oil companies will go under and it won't be worth Fracking and getting the  hard to get to oil out.

HOORAH!

But what will happen is the Arabs will end up with a Monopoly! they will buy out all these falling companies as their share prices crash - good strategy eh? but where will this lead us - World Domination by the Arabs etc.

Possibly a worse threat to to world stability that Al Qaeda or ISIS.

Watch this space.