[decimon]

What do you want done? What government controls are you calling for? If you are not calling for government controls then what are you doing?

[TLI]

I am not calling for any government controls. I am calling for government to get out of the nanny business of trying to tell the oil production companies they are not allowed to drill in locations that actually contain crude. I am, if you will read what I have actually written, saying that there is a strong likelihood that initiating exploration and drilling of the outer continental shelf will cause an immediate drop in price of crude.

You are apparently trying to make my post fit your answer. Do you see anything in my post that calls for government control? Noooo, it discusses what actually occurred when there was just the perception of government starting to let go of control (drop the ban of drilling on the OCS) and suggests that members of government get the hell out of the way of exploration, drilling and production of crude. When (if) that occurs the price of crude will drop immediately, not when the oil actually hits the refineries.

That being the case as we have just seen a clear example of in the past two weeks, the price of crude is not strictly supply/demand. There was no change in supply from two-three weeks ago, the last change occurred what, six weeks ago with the Saudis. What changed was the perception of the future supply, not a physical change in inventory other than what was already occurring for the past three months.