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That’s BS. What’s driving the price of oil up is the exploding demand for oil in China, India, and Russia.

Do you really think the oil companies are greedier than they were in the 1990’s? Even the biggest US oil company, Exxon, owns but a miniscule fraction of a percent of the world’s oil. They have no power to make any noticeable impact on the world price of oil.

But the Dems’ good buddy, Hugo Chavez, controls a large percent of the world’s oil, and has a significant amount of control over the world’s oil price.

Yes, skyrocketing demand from China and India are a huge factor in oil prices when coupled with OPEC production limits which artificially restrict crude supply.

The other side of the double whammy is the supply restriction caused by inadequate refining capacity in the US.

Red-Neck is sorta right in that the Oilcos tend to like it this way. Refineries are tied to specific feedstocks and to change suppliers, the refineries have to be changed over, an expensive and long process. It's also another reason why the oilcos are not really all that excited about exploiting new domestic reserves. It's expensive and might screw with one of the greatest free lunches in all of economic history!

Without OPEC, or if OPEC increased crude supplies, or if we increased domestic production, crude prices would fall. But with their stranglehold on US refining, fuel prices would remain high enough to give the oilcos the profit margins they are used to.

Stupid factoid: In Gulf War I, the Saudis offered to fix oil prices at $35/barrel for 10 years in exchange for saving their monarchy!

I went through the one in the seventies also. we where told we would run out of oil by the mid eighties in that one. If all those countries where using more oil then the oil companies would be pumping more at the well head.

We are not using anymore oil there is no oil shortage. Why hasn't oil prices tripled at the pump in other countries?

If you think the oil companies are not gouging and doing great harm to our country's economic stability then stick your brain-washed dead head back in the ground drop your drawers get you a large jar of petroleum jelly and wait.

The good times are just around the corner especially for people who put their faith in politicians,the media and rich multi-national corporations/ and the wealthy elite who would and are selling our country and the future of children and grandchildren for the new world run by corporations and for the wealthy.

This country is and has been under deliberate economic attack and is fixing to join the rest of the has beens like Great Britain and the former Soviet Union.

This is why a lot of us has quit writing here and just lurking is because the country is so far gone and the people so brainwashed they can't see what is right in front of their nose.

Here's something to think about if you can . What damn difference does it make if McCain, Hillary, or Oboma get elected or anybody from either party for that matter? They are all bought and paid for.

We just gave this Islamic/Saudi/Mexican/Texas oilman/Businessman/ the greatest opportunity that's been handed a President in my lifetime and what did we get.

We got 3000 dead Americans and the Santic cult that responsible for their death gets their own special title The Religion of Peace,their special day at the White House and our president is doing his best to give then there own terrorist state on land from Israel.

We get a war killing our troops that so screwed up and mismanaged that the reining Super Power after years and billions they can't even manage to control one city.

Now he wants to take land from our ally the only democracy and state that didn't celebrate the results of 9/11 in the middle east and create another terrorist state for the cult, the very ones that are responsible for killings of Israelis,Europeans, Americans and anybody else throughout the world that refuse to give their land or refuses to worship or be a slave to them and their government/religion.

Now for his grand finale our President wants to make us part of the world community so bad that he refuses to recognize or enforce our laws or recognize our Constitution process for making or changing them.

We gave him eight years and both houses of Congress and with the support of the American people he had, a cocker spaniel could have accomplished more than he did.

Either he is as incompetent as they come, dumber than dirt, a coward or he done just what he wanted to do all along which would make him a liar and a traitor. Pick one or as many as you need.

I'm afraid he was our last chance.

The only action that will save something of what was the United States of America ,you know the one that was supposed to be of the people, by the people and for the people, will be to repent then return and pray to a God who we have denied, rejected, kicked out of our government and public life.

He's the One we got our most important unalienable rights from, not some politician or worthless scrap of paper and is as we speak in the process of judging us for our disobedience and rejection.

It is going to take a lot of suffering before we wake up and decide to repent and put in positions of leadership. the men with the character of our founding fathers.

Goodby. I'm back to lurking.