[seafarer]

What do they plan to do in 5 years time, or 10 or 20 years time. By then who knows, it may be £100 per litre. The raw fact is that oil reserves are finite, we are consuming oil at a rate far in excess of the rate of discover/productixon of new reserves, so the price is just going to coninue to rise. It will no doubt go through fluctuations related to short term effects, but the steady increase in price is inevitable as the resources decline and the cost of sucking out the last reserves goes up.

Not seeming to sound all gloom and doom, but petroleum energy is going to cost more, and ever more, as time marchs on (actually, it always has, when you think about it - long term, oil has never gotten cheaper) - deal with it. There is no magical sudden "fix" to the problem, so crying and protesting about it are kind of juvenile.

Canada has the worlds second largest proven petroleum reserves in thw world (most in the tar sands), but they are also amongst the most expensive to extract. The only reason the tar sands are booming these days is because the price of oil finally went up enough to make it worth the expense.