As events continue to unfold in Egypt, one thing is certain. Oil prices are bound to go up no matter what the outcome. That’s because oil futures have historically been driven higher anytime there is uncertainty in the Middle East. A situation, that ill regardless of the outcome for this episode in Egypt’s history, looks doomed to continue for some time.
Right now, I bet some people are beginning to point fingers at the Obama administration and their desire to stop oil exploration of our shores. I would say this is not the right way to think. Instead, look to the environmentalists for solutions and answers. I urge everyone to send emails to these, the largest and most influential environmental organizations in the United States: Defenders of Wildlife, Environmental Defense Fund, National Audubon Society, National Wildlife Federation, Natural Resources Defense Council, Friends of the Earth, Izaak Walton League, Sierra Club, The Wilderness Society and the World Wide Fund for Nature
I’m positive these folks will have ready answers for when we are hit with $15 a gallon at the pump. Please, give these folks a poke today and let me know what you hear! I’m just dying to know!