I like to be educated about what I am against (a "know thine enemy type of thing, I guess), so I've been reading up a lot lately on oil... what is making the price of it go up, why basing around an economy around it (Hello, Ontario Auto Industry!) is a bad idea, and why it's going to get more expensive to drive everywhere.

I thought I'd share some links with you:

Buffett Bets on Oil - Warren Buffett, arguably the world's most successful stock invester, has just revealed that his investment company, Berkshire-Hathaway has been investing in 17.9 shares of ConocoPhillips (a big oil company in the U.S.). Given that the average of this stock over the past year has been around $60, that means Buffett has invested over One Billion Dollars (insert Dr. Evil Pinky Finger Here) in the prediction that oil prices are going to go up. Buffett is also known as a very conservative investor... someone who chose to not invest heavily in the "dot com" surge in the late 1990s, seeing that it was not sustainable.

Less Oil, More Wars - Builds on what I posted yesterday about geopolitical instability: "Most of the producers on which we are becoming ever more dependent are unsafe, unfriendly, corrupt, undemocratic and deeply divided—and are likely to remain so for years to come."

President Gore - In a parallel universe, Al Gore has been President for the past six years. A very funny video from Saturday Night Live

Gas Prices: We're to Blame - "The global supply of oil is having a hard time meeting demand, and the United States is built to consume a quarter of all of it -- on a daily basis."

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