Your posts seem to require that because they don't make sense. You don't seem to be aware of how supply and demand are effected on a finite resource like oil. Your initial post on which I commented "American leftist politicians have put us in this boat." is just about equal to saying "liberals are dumb" and thinking that's an intelligent conservative post.
check out 'supply and demand', I am not sure, but I believe it is one of the basic tenents of capitalism....
As is speculation on investor money. It's so old it's in the bible yet you don't seem to get it.
Just when we think we are running out of oil, we develop better technology to extract oil from shale rocks in the mid west and Canada. We live in a world of unlimited resources just like our economy which is not a fixed pie but an ever expanding and growing pie.
I work in the oil industry and see this data on a daily basis. One reason oil price is high is that we do not use crude oil but refined oil and we have not built a new refinery in the USA in over 30 years. That and political pressures and the futures market and the environmental wackos. The world is swimming in crude oil if you just looked at the facts.
“your posts seem to require that because you make no sense.”
“it’s so old it’s in the bible, yet you don’t seem to get it.”
brilliance, absolute brilliance.
/sarcasm off?