Quote Of The Day: Oil "Just Too Hard To Find"

In a story about fluctuating oil prices, The New York Times quotes Carrizo Oil and Gas CEO Chip Johnson:

I can’t see oil getting cheap again ever. It’s just too hard to find, and too many people want to use it.

That's the bottom line. If we want an energy policy to increase supply and lower energy prices, we need to increase renewable supply. Because we have literally gone to the oil well too many times.